New VAT Rules for 2020
From January 2020, your VAT returns will have to be submitted via an online form.
For more information, please contact our secretary’s office on 027 455 60 83 or info@dsfiduciaire.ch.
Main New VAT Rules for 2018
A)
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From now on, your worldwide turnover will form the basis for determining your liability
Examples Before 2018: Turnover (subject to VAT) generated in Swiss territory: Fr. 80,000.00 Turnover (subject to VAT) generated in foreign territory: Fr. 30,000.00 No liability As from 2018: Turnover (subject to VAT) generated in Swiss territory: Fr. 80,000.00 Turnover (subject to VAT) generated in foreign territory: Fr. 30,000.00 Liability |
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B)
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Fiscal representation in Switzerland with respect to VAT
Under certain conditions, as from 1st January 2018, you will be liable for VAT in Switzerland as from the very first franc if you generate a worldwide turnover of at least CHF 100,000 through taxable benefits. At that point, the appointment of a tax representative in Switzerland will be compulsory for foreign businesses. To this end, we offer you the following VAT-related services:
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C) |
As a result of the vote on 24 September 2017 and the rejection of the “2020 Pension Reform Package”, VAT rates are to be reduced as from 1st January 2018.
Indeed, following the expiry on 31 December 2017 of the additional funding for disability insurance (AI) by value added tax, the rates will be as follows:
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We would be happy to provide you with advice on any administrative and accounting matters.
