Tag: VAT rate cut

Parliament extends reduced accommodation rate until at least December 2031 22 Oct 2026 update: Switzerland's parliament is agreed to extend the special 3.8% VAT rate on hotel and accommodation services beyond its scheduled expiry at the end of 2027 until 31 December 2031. On 17

Federal Council announces 29 Nov 2026 referendum on 0.4% VAT hike from 2028 5 October 2026: Switzerland will vote on 29 November 2026 on increasing the standard VAT rate from 8.1% to 8.5% to help finance the new 13th annual state pension payment. The Federal

Swiss parliament narrows differences on VAT rise for pension funding The National Council voted on 17 June 2026 to support the Council of States’ proposal for a 0.4 percentage point VAT increase, taking Switzerland’s VAT rate from 8.1% to 8.5%. The move is intended to

Pension deficit from ‘Baby Boomers’ prompts National Council to approve national referendum on VAT rise An ageing population, and funding shortage in the public pension system (OASI), has led to the National Council and Council of States to approve a national referendum for 25 September