Upcoming VAT compliance changes

Switzerland is currently in the midst of implementing some significant VAT rate changes which are scheduled for 1 January 2024. This includes an overhaul of its standard, reduced and special accommodation rates. Kofax is supporting the change. You can read more about this on our country-specific dedicated page here.

Alongside this, Switzerland is also considering its more long-term fiscal strategy, by targeting some critical changes for January 2025.

These changes include, but are not limited to, to:

• Re-classification of specific services, including travel services resold by travel agencies and participation in cultural events, under the ‘VAT exempt’ category.
• The appointment of fiscal representatives for foreign taxpayers may be removed.

Switzerland is a compliant territory for Kofax, and we are committed to following the changes and assessing what impact, if any, this holds for our e-invoicing solution in the country.