From January1, 2024, VAT rates in Switzerland will increase :
- Standard VAT rate increases from 7.7% to 8.1%.
- Reduced VAT rate raised from 2.5% to 2.6
- Special rate for lodging increases from 3.7% to 3.8%.
To determine the rate applicable to the supply of goods and services, theactual date of delivery of the goods or performance of the service must be taken into account. The date of invoicing or payment has no impact on the applicable VAT rate.
As a result, all operations carried out before December 31, 2023 will be subject to the old VAT rates . Transactions carried out after this date will be subject to the new rates.
When an invoice contains both transactions carried out before and after December 31, 2023, a distinction should be made on the invoice between the old and new VAT rates. If the operations cannot be presented separately on the invoice, all services will have to be invoiced at the new VAT rates.
As a result, Swiss VAT returns will include both the old and the new VAT rates from July 2023 for monthly taxpayers and from the 3rd quarter for quarterly taxpayers. This will make it possible to declare mixed invoices containing both old and new VAT rates.