Further guidance on new VAT rates
As 1 January 2024 nears in Switzerland, which heralds the introduction of new VAT rates, the country is also accelerating its material to aid taxpayers in a smooth transition to the new VAT rates. The Federal Council in Switzerland has produced some material which aids taxpayers in the usage of the new rates, specifically relating to the declaration of the VAT rates. Further information can be found via the Federal Tax Administration (FTA). You can also read about Kofax’s plans to accommodate the upcoming VAT rates on our dedicated country-specific page here.