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Swiss VAT rate cut 2018

  • Feb 28, 2017 | Richard Asquith

Swiss VAT rate cut 2018

The temporary 8% Swiss VAT rate may be returned to the pre-2011 rate of 7.7%.

The current, higher rate was voted on in a public referendum to fund certain public expenditure on the railway network.  But this rise is due to expire at the end of 2017.  The Swiss Parliament will consider a further extension over the next few days.

The current reduced VAT rates would also drop from 3.8% to 3.7%.  There would be no change to the super reduced rate of 2.5%.

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Researching Swiss VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.