VAT adjustment in Switzerland from 2024

General

Due to the referendum on 25 September 2022 regarding the adopted reform to stabilise the OASI, the VAT rates will change as of 01.01.2024. AbaNinja has already created the new VAT rates for you (see AbaNinja VAT rates). You can find an overview of the new VAT rates under VAT rates FTA.

Settings - Accounting - VAT - VAT periods - Standard tax rate

By creating a new VAT period or by changing the default tax rate and specifying a VAT rate valid from 1. January 2024 (e.g. 8.1%), the corresponding VAT rate is suggested by default in the customer documents, unless a VAT rate is stored on a product.

VAT rates for products, recurring invoices and document templates

If you work with products, recurring invoices or customer document templates, you must adjust the new VAT rates. If you have a paid subscription, you have the option of mass djustment. If you have products, recurring invoices or customer document templates with the previous VAT rates valid until 31.12.2023, AbaNinja will suggest an automatic mass adjustment to the new VAT rates valid from 01.01.2024.

VAT Form

The new VAT form valid from 1 July 2023 for effective taxation as well as for balance/flat-rate taxation is also available in AbaNinja.

Further information can be found in the  VAT Information - 19 Tax increase per 01.January.2024 or contact your trusted tax advisor or digital coach.