- Swiss Federal Council agrees on VAT hike to fund 13th AHV pension reforms
- 13th AHV old-age pension to be paid out from 2026
- Additional expenditure to rise to almost CHF5bn annually by 2030
- Government to determine extent of VAT increase in autumn 2024
- Increase in VAT burden sought instead of taxes on wages
Source: answerconnect.cch.com
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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