Implement the VAT adjustment

The following changes apply to implementing the VAT adjustments. Unless otherwise indicated, they are available for all supported versions.

Read through all the requirements before making adjustments.

Recommended procedure

Sage highly recommends creating new tax codes for the new tax rates for turnover tax and for input tax. It includes the traceability on which tax rate was applied and the correct VAT application on the VAT return invoice.

If all tax rates are used in your company, you can create a maximum of 3 or 5 tax rates as detailed below:

Three new tax codes for turnover tax

  • Standard rate
  • Special rate for accommodation
  • Reduced rate

Five new tax codes for input tax

  • Standard rate materials and services
  • Standard rate investments and operating expenditures
  • Accommodation
  • Reduced rate materials and services
  • Reduced rate investments and operating expenditures

VAT returns

Open: Declarations > Tax management > Others > Processes > VAT returns

When you use the Swiss tax declaration, following the effective method, you can print the tax values on a form used for verification purposes or on the form provided by the tax administration. Both print options below comply with the new rates as of Q4 2023.

From the Print action, select List and one of the following:

  • SWIVATFORM2024 is valid from January 1, 2024 (October 1, 2023 in some cases) and uses the new VAT rates.
  • SWIVATFORMDRET is valid until December 31, 2023 and uses the current VAT rates.