Monday , November 18 2024
Home / SNB & CHF / Cross-border shopping to be taxed at lower threshold

Cross-border shopping to be taxed at lower threshold

Summary:
From 2025, the exemption limit for private purchases abroad will fall Keystone-SDA Listen to the article Listening the article Toggle language selector English (US)

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

This could be interesting, too:

Artis Shepherd writes Caplan’s Errors on the UAE and Open Borders

Joaquin Monfort writes USD/CHF Price Forecast: Reaches overbought levels

Ryan McMaken writes We’re Already on Track for a Trillion Deficit this Year

Jane L. Johnson writes It’s Greek to Us: Angry Generation Z Women Reenact “Lysistrata” Post-Election

Cross-border shopping to be taxed at lower threshold
From 2025, the exemption limit for private purchases abroad will fall Keystone-SDA

As of January 1, 2025 purchases above CHF150 made across the Swiss border will be subject to VAT when imported.

The Federal Council has decided to lower the current VAT-free shopping limit after prodding by parliament. This means that from 2025, travellers – often Swiss looking for bargains in neighbouring France, Germany and Italy – will be able to import goods for private use tax-free up to a total value of CHF150 per person per day. Today, the upper limit is CHF300 per person per day.

+Get the most important news from Switzerland in your inbox

According to the Federal Council, it is conceivable that purchasing behaviour will change with a lower tax-free limit. However, it is not possible to say whether people will buy less or fewer goods at a time and more often. Nor is it possible to assess whether the goods brought home are taxed correctly.

In the consultation process, the majority of cantons and business representatives as well as several political parties welcomed the proposed move, writes the Federal Council. The government does not have information on the number of additional customs clearances required as a result of the harsher taxation, nor can it quantify the additional revenue.

Private individuals can use the QuickZollExternal link customs clearance app to independently declare their goods for import and pay any duties directly via the app. The standard VAT rate of 8.1% is charged in each case.

However, anyone wishing to clear customs at the reduced rate for everyday goods must go to customs or complete customs clearance in writing using a registration box. Independent customs clearance via app at the reduced rate is expected to be possible from 2026, according to the press release.

Adapted from German by DeepL/ac

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.

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

Cross-border shopping to be taxed at lower threshold

More

EU member states object to Swiss exceptions

This content was published on There is "no Europe à la carte", declared the deputy prime minister of Luxembourg, where the European Commission is briefing member states on the state of negotiations with Switzerland.

Read more: EU member states object to Swiss exceptions

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 *