Tuesday , November 5 2024
Home / SNB & CHF / Swiss government wants to lower licence fee to CHF300

Swiss government wants to lower licence fee to CHF300

Summary:
Read aloud pause X The government wants to reduce the annual radio and television licence fee from the current CHF335 (2) to CHF300 by 2029. The turnover threshold for companies to qualify for exemption has been raised from CHF500,000 to CHF1.2 million. Share Facebook Twitter E-mail Print Copy link On Wednesday the government put out for consultation an amendment to the relevant ordinance. In a press release, the government explains that it prefers to act in this way rather than proposing a direct or indirect counterproposal to the “CHF200 is enough!” initiative, as it wishes to retain responsibility for setting the level of the licence fee.+ Signatures handed in for reduction of Swiss licence feeThe government rejects the

Topics:
Swissinfo considers the following as important: , , , ,

This could be interesting, too:

Guillermo Alcala writes USD/CHF slides to test 0.8645 support with US inflation data on tap

Swissinfo writes Swiss central bank posts CHF62.5bn profit

Nachrichten Ticker - www.finanzen.ch writes Trump-Faktor und Marktbedingungen könnten für neuen Bitcoin-Rekord sorgen

Charles Hugh Smith writes Is Social Media Actually “Media,” Or Is It Something Else?

The government wants to reduce the annual radio and television licence fee from the current CHF335 ($372) to CHF300 by 2029. The turnover threshold for companies to qualify for exemption has been raised from CHF500,000 to CHF1.2 million.

On Wednesday the government put out for consultation an amendment to the relevant ordinance. In a press release, the government explains that it prefers to act in this way rather than proposing a direct or indirect counterproposal to the “CHF200 is enough!” initiative, as it wishes to retain responsibility for setting the level of the licence fee.

+ Signatures handed in for reduction of Swiss licence fee

The government rejects the initiative, which would have “significant repercussions on the Swiss Broadcasting Corporation’s journalistic offering and regional roots”. With its proposal, the government wants to send a signal to households, explained Communications Minister Albert Rösti.

The licence fee is to be reduced in two stages. It will first fall to CHF312 in 2027 and then to CHF300 in 2029. The change in the exemption threshold for businesses is scheduled for 2027 and will affect some 63,000 additional businesses. “80% of businesses will be exempt,” Rösti said.

For the Swiss Broadcasting Corporation, this change in licence fee represents a reduction of CHF170 million, CHF11 million of which is attributable to the exemption for companies. To this must be added an estimated CHF20 million in lost advertising revenue, said Bernard Maissen, director of the Federal Office of Communications.

The consultation period runs until February 1.

How we work

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them here

If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to [email protected].

More: SWI swissinfo.ch certified by the Journalism Trust Initiative


Tags: ,,
About Swissinfo
Swissinfo
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.

Leave a Reply

Your email address will not be published. Required fields are marked *