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Tag Archives: Swiss VAT

Switzerland is expensive, but not for the reasons most think

Anyone who has done a weekly shop in Germany, France, Italy or Austria and compared prices to Switzerland, knows how much more it costs on the Swiss side of the border. The cost difference is sometimes pinned on the higher take-home pay paid to Swiss supermarket workers. Right? Wrong. Kaufland Germany much cheaper than Switzerland – © Rene Van Den Berg | Dreamstime.com The website barometre des prix allows the public to easily compare the prices of goods at Switzerland’s main retailers with...

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Swiss VAT rate to fall in 2018

©_Toscawhi _ Dreamstime.com - Click to enlarge The current rate of 8% is set to drop on 1 January 2018. Temporarily increased by 0.4% in 2011 to shore up funding for disability welfare, the rate will revert to 7.7%. The 0.1% difference between the new rate and pre 2011 rate of 7.6% is a new increase that will be used to help finance rail infrastructure. Switzerland has three VAT rates: a standard rate (8%), a hotel...

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Swiss VAT rate to fall in 2018

The current rate of 8% is set to drop on 1 January 2018. Temporarily increased by 0.4% in 2011 to shore up funding for disability welfare, the rate will revert to 7.7%. The 0.1% difference between the new rate and pre 2011 rate of 7.6% is a new increase that will be used to help finance rail infrastructure. ©_Toscawhi _ Dreamstime.com Switzerland has three VAT rates: a standard rate (8%), a hotel rate (3.8%) and a reduced rate (2.5%). From 1 January 2018, these will fall to 7.7%, 3.6% and...

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