Swiss voters have recently rejected a reform of the country´s pension law which will result in a reduction of VAT rates from January 1st, 2018 on.
So from January 1st, 2018 the following VAT rates will apply:
Standard rate: 7,7%
Special rate: 3,7%
Reduced rate: 2,5%
The time when the goods are delivered (or imported) or the service is supplied is decisive, not the invoicing date. For supplies which are partially provided in 2017, the higher VAT rate must be applied on this part of the supply.
Digitalization is revolutionizing the working world in all organizations, of all sizes and sectors. Digital transformation is no longer a trend, but the center piece of any business strategy.
We’re entering a “new era”, which some like to call the “Fourth Industrial Revolution” and others “the Great Change”. But whatever we call it, the truth is that business, economy and society are being deeply transformed, above all the way we work.
The report “Rewriting the rules for the digital age” ensures that the change requires a redefinition of all internal policies, processes and practices, from training or contracting to the definition of work itself.