For the first time in the history of Swiss value added tax, there may be a reduction in the standard and special VAT rates! Whether and to what extent a reduction will be introduced on 1 January 2018 is up to the Swiss voting population to decide on 24 September 2017 as part of the vote on the reform of Old-Age and Survivors In-surance (AHV).Read More »
Tag: standard rate
Cyprus – VAT rate increase to 18% as from 14 of January 2013 and to 19% as from 13 of January 2014
The standard rate will increase from 17% to 18% for the period 14 January 2013 to 12 January 2014. From 13 of January 2014 the standard rate will increase to 19% at which point the 8% reduced rate will increase to 9%. The current reduced rates of 5% and 0% remain unchanged.
Michaela Merz 