Dear Mews Community,
We hope you are enjoying the festive season.
As part of our commitment to keeping you informed and ensuring seamless operations, we would like to bring your attention to an upcoming change in Switzerland's VAT rates, effective January 1, 2024.
VAT Rate Changes:
Starting from the aforementioned date, the VAT rates in Switzerland will be adjusted as follows:
- The 2.5% rate increases to 2.6%.
- The 3.7% rate increases to 3.8%.
- The 7.7% rate increases to 8.1%.
Action Required for Compliance:
To guarantee compliance with these changes and maintain accurate financial reporting, we kindly request that you update your existing VAT rates in Mews to reflect the new values.
How to Update Your VAT Rate in Mews? Have a look at our detailed guide