Swiss VAT Calculator

Whilst Switzerland is not part of the European Union, it operates a very similar system of Value Added Tax. The Value Added Tax (VAT) in Swiss stands at a standard rate of 8% (since Jan 2011). A 3.8% reduced VAT rate on hotel accommodation, a 2.5% reduced rate on some basic foods and agricultural supplies, water, printed materials, cultural and sporting events is collected.

Value Added Tax in Switzerland

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Whilst Switzerland is not part of the European Union, it operates a very similar system of Value Added Tax. The Value Added Tax (VAT) in Swiss stands at a standard rate of 8% (since Jan 2011). A 3.8% reduced VAT rate on hotel accommodation, a 2.5% reduced rate on some basic foods and agricultural supplies, water, printed materials, cultural and sporting events is collected.

Formula:

Add Tax Tax Amount = ( Original Cost * VAT% ) / 100 Net Price = Original Cost + Tax Amount
Remove Tax Tax Amount = Original Cost - ( Original Cost * ( 100 / ( 100 + VAT% ) ) ) Net Price = Original Cost - Tax Amount

From 1st of January 2015, foreign companies becomes VAT liable in Swiss if they carry out domestic supplies subject to acquisition tax (reverse charge) and the revenue generated from the supplies exceeds CHF100,000 per year. There are a number of sectors that are exempt from VAT altogether, including public health and social services, education and gambling.

Example

Find the VAT price and net price in Switzerland (GST % is 8) for an amount of 25000 CHF

Add Tax

Solution :
GST % = 8
Amount = 25000

Step 1 :
GST Price = (25000 * 8 ) / 100
     = 2000 CHF

Step 2 :
Net Price = 25000 + 2000
     = 27000 CHF

Hence the VAT Price is 2000 CHF and Net Price is 27000 CHF

Remove Tax

Solution :
GST % = 8
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 8)))
                 = 25000 - (25000 * 0.93)
                 = 25000 - 23148.15
                 = 25000 - 23148.15
GST Price = 1851.85 CHF

Step 2 :
Net Price = 25000 - 1851.85
                = 23148.15 CHF

Hence the VAT Price is 1851.85 CHF and Net Price is 23148.15 CHF

From 1st of January 2015, foreign companies becomes VAT liable in Swiss if they carry out domestic supplies subject to acquisition tax (reverse charge) and the revenue generated from the supplies exceeds CHF100,000 per year. There are a number of sectors that are exempt from VAT altogether, including public health and social services, education and gambling.


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