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Swiss Tax Authorities Propose Further Increase in VAT Rate to Cover Pension Deficit

  • Swiss tax authorities proposing increase in standard VAT rate from 8.1% to 8.5%
  • Proposal aims to cover pension deficit caused by national referendum vote
  • Switzerland already raised VAT rate from 7.7% to 8.1% on 1 January 2024

Source: fiscalsolutions.co.uk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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