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VAT in Switzerland

Asked 19 Nov 2023 17:58:09
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19 Nov 2023 17:58:09 Wellton Wellton posted:
How do you feel about the decision to raise VAT in Switzerland 2024? In your opinion, will it not hurt the economy?

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Replied 22 Nov 2023 17:44:04
22 Nov 2023 17:44:04 Orrakul 6 replied:
For the Swiss economy, this decision is good because it will solve the problem of the country's pension budget deficit. If we are talking about business, it will be difficult for them, but not critical. Switzerland VAT is one of the lowest in the European Union. Only Liechtenstein has a lower tax, if memory serves me right. On the whole, I think that this is a right decision by the government.

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