Swiss cuts VAT rate 2018

Switzerland had a temporary 8% VAT rate and may be now returning to pre-2011 rate of 7.7%.

In 2014, in a public referendum the higher rate was voted in to fund certain public spending on the railway network. This rise is due to expire at the end of 2017, but the Swiss Parliament is considering a further extension over the next few days.

With the current reduced VAT rates would also drop from 3.8% to 3.7%. But there will be no change to the super reduced rate of 2.5%.