At its meeting on December 9, 2022, the Federal Council set the effective date of the AHV 21 reform at January 1, 2024, which also applies to the MWSTG and MWSTV.

Accordingly, the following VAT rates will apply in Switzerland from January 1, 2024:

  • Standard rate: 8.1% (previously 7.7%)
  • reduced rate: 2.6% (previously 2.5%)
  • Special rate for accommodation: 3.8% (previously 3.7%)

The full notice from the FTA dated December 12, 2022 is available here.

The reason for the increase in tax rates are the amendments to the AHV Act and the federal resolution on the additional financing of the AHV, which was approved in the vote on September 25, 2022.

Further details on the AHV 21 reform media release are available here.