Tag: VAT rate cut

Swiss government considers 0.4% VAT increase in 2026 to fund pensions rise Following a national referendum vote to increase state pensions, the Federal Council government has proposed two funding plans for 2026 to meet the extra CHF 4.2 billion annual costs: Increase VAT from 8.1%

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