Recently we experience a trend or better said a wave of populism hidden behind the flag of protectionism, nationalism and separatism. These movements presume and promise to have easy solutions against the dangers of globalisation in the form of immigration, infinite competition and unfair repartition of wealth.
Surprisingly these movements rather come from a middle class, which acts from ist secure position as the really bad off classes have neither the time nor the money to protest. But they will suffer worst the consequences of these waves. Additionally its leaders pretend to represent an overwhelming majority despite being a minority. Media coverage helps them. Donald Trump will greet you.
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.