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  #641  
Old 29.02.2012, 09:26
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Re: Absurd Swiss prices

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just because it is 20% cheaper over there, doesn't mean the Swiss won't throw on a 20% VAT charge,
No, but the fact that Swiss VAT is only 8% does!

And of course, you get the 20% German VAT back!

Tom
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  #642  
Old 29.02.2012, 11:15
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Re: Absurd Swiss prices

and remember you will not get 19% back, you will get very close to 16% instead.
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  #643  
Old 29.02.2012, 11:31
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Re: Absurd Swiss prices

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if you have a warranty or any issue, you have to go to Germany to discuss it. And I bet if you aren't a German resident those warranties won't apply the same; or at all.
The one thing the EU really is good for is consumer protection. Much much better (and more extensive) than Switzerland. The fact that it's very easy and inexpensive to take the retailer to the equivalent of a small claims court in Germany also helps.
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  #644  
Old 29.02.2012, 11:37
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Re: Absurd Swiss prices

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and remember you will not get 19% back, you will get very close to 16% instead.
Depends where you buy & how they manage VAT; you can get 19% back from some shops (if you paid 19% in the first place).

You can also get a lot less than 16% if the shop uses one of those poorer instant cheques schemes
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  #645  
Old 29.02.2012, 13:01
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Re: Absurd Swiss prices

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Depends where you buy & how they manage VAT; you can get 19% back from some shops (if you paid 19% in the first place).

You can also get a lot less than 16% if the shop uses one of those poorer instant cheques schemes

read it again... you pay 100euro for a jacket, you claim the tax back NOT thru a scheme but direct at the shop....

how much do you get back - it wont be 19 euro.
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  #646  
Old 29.02.2012, 13:08
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Re: Absurd Swiss prices

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read it again... you pay 100euro for a jacket, you claim the tax back NOT thru a scheme but direct at the shop....

how much do you get back - it wont be 19 euro.
Of course not, because the 19% are calculated on the net price (i.e. without VAT, €84.03 for a jacket that sells for €100), but that doesn't matter since Swiss VAT is also calculated on the net price, therefore you can compare the 19% with the 8%.
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  #647  
Old 29.02.2012, 13:10
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Re: Absurd Swiss prices

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read it again... you pay 100euro for a jacket, you claim the tax back NOT thru a scheme but direct at the shop....

how much do you get back - it wont be 19 euro.
Well... D'oh!

VAT is not n% of what you pay (net price + VAT). It's n% of the net price.

If VAT is set at, say, 19%, and the net price is 100, you pay 119 (incl. VAT). If what you pay is 100, then that's roughly 84.03 net price and 15.97 VAT.

So if you export the goods, and do not do in through a scheme where that scheme takes a cut from the refund, you get 19% of the net price back.

If you then take your goods to another country where VAT is, say, 8%, you pay that on the net price also. In our little example, 8% of 84.03 is 6.72. Total cost: 90.75 (if the two countries happen to be Germany and Switzerland, the Swiss take another small cut through the exchange rate they apply when converting the Euro net price into the CHF net price).

ETA Mark's beat me to it

Last edited by tom tulpe; 29.02.2012 at 13:11. Reason: Mark is fast!
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  #648  
Old 29.02.2012, 14:01
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Re: Absurd Swiss prices

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read it again... you pay 100euro for a jacket, you claim the tax back NOT thru a scheme but direct at the shop....

how much do you get back - it wont be 19 euro.
What the other guys wrote - also note I did write "if you paid 19% in the first place"
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  #649  
Old 29.02.2012, 14:21
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Re: Absurd Swiss prices

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read it again... you pay 100euro for a jacket, you claim the tax back NOT thru a scheme but direct at the shop....

how much do you get back - it wont be 19 euro.
That's not how VAT is calculated.

19% VAT does not mean 19% of the price is VAT. It means 19% is added to the price. That's not the same thing. So if your jacket costs 100Euros, then the VAT part of that is 100x19/119 = 15.96
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  #650  
Old 07.03.2012, 11:44
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Re: Absurd Swiss prices

It really pays to shop around. Check out this absurdity - same product, enormous difference.


Knoppers at Coop...normally 5.20CHF, but luckily reduced to 4.15 with 20% discount this week.
http://www.coopathome.ch/b2c_coop/ca...0000000A0301CE


Knoppers at Aldi... 2.99
http://www.aldi-suisse.ch/ch/html/of...9_DEU_HTML.htm
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  #651  
Old 07.03.2012, 21:01
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Re: Absurd Swiss prices

Ah, so you don't know the Knoppers at Volg: at 8chf, a bargain!
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  #652  
Old 08.03.2012, 11:23
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Re: Absurd Swiss prices

Yep some of the prices are pretty insane. I always shop at ALDI and as a result halve my food bill for the month. Although I only buy chicken and eggs in SUI as they are not full of god knows what.
Probably why recently a Swiss man was caught at the Swiss German border with 300kg's of meat purchased from Germany. Heafty fine there!!!
O.K. I am sure a strong case can be made regarding the quality of Swiss food, which to a degree is absolutely true. If I won the lotto I would not buy food at ALDI.
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  #653  
Old 08.03.2012, 11:25
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Re: Absurd Swiss prices

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Yep some of the prices are pretty insane
A Swiss watchmaker has put on display one of the most expensive watches in the world - worth $5m (£3m). It was created by Swiss firm Hublot and took 17 people 14 months to make.

BBC
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  #654  
Old 10.03.2012, 12:58
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Re: Absurd Swiss prices

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I know this is probably an old topic, but it retains the power to shock. The wife and I have seen a large piece of furniture we wish to buy, from a particular furniture maker.

Price in Germany: 2,500 Euros (3,700 CHF or thereabouts).

Price in Switzerland: 9,000 CHF!!!!

Anyone else seen any other barmy examples?

Jim
On some labels of books or clothes there are the prices for several countries: you can make the calculation!
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  #655  
Old 10.03.2012, 13:32
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Re: Absurd Swiss prices

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A Swiss watchmaker has put on display one of the most expensive watches in the world - worth $5m (£3m). It was created by Swiss firm Hublot and took 17 people 14 months to make.

BBC
You're right, I've seen this watch at Marktkauf in Germany for 23€. What a ripoff!!


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  #656  
Old 11.03.2012, 13:43
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Re: Absurd Swiss prices

Can anyone remind me of the reason for the absurd price of ibuprofen here?

I don't use it myself, so I forgot about the bonkers price, but my sister was here last week (from the UK where 16 tabs can cost as little as 20p) and had a sports injury play up a bit & came back from the Apotheke in a state of shock having been lifted of 11.50 for 10 tablets.

She'd be interested in a genuine explanation ;-)
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  #657  
Old 11.03.2012, 13:53
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Re: Absurd Swiss prices

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Can anyone remind me of the reason for the absurd price of ibuprofen here?

She'd be interested in a genuine explanation ;-)

Because they can.



(All other reasons given - cost of R&D, local regulation, etc., are just smoke and mirrors.)
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  #658  
Old 11.03.2012, 14:06
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Re: Absurd Swiss prices

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Can anyone remind me of the reason for the absurd price of ibuprofen here?

I don't use it myself, so I forgot about the bonkers price, but my sister was here last week (from the UK where 16 tabs can cost as little as 20p) and had a sports injury play up a bit & came back from the Apotheke in a state of shock having been lifted of 11.50 for 10 tablets.

She'd be interested in a genuine explanation ;-)
You can also pay a huge lot more in the UK as well, some discounters 99p or original Nurofen probably 2.99.

Having to pay shop assistants a living wage is the real answer, in the UK supermarket workers cant live on their salaries, state benefits pay 50% of the UK population more than 50% of their income.

People can always go back to the UK if they think it makes financial sense, however their absurd Swiss salary will make up the difference, especially as the tax is lower.
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Old 11.03.2012, 14:55
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Re: Absurd Swiss prices

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Having to pay shop assistants a living wage is the real answer...

People can always go back to the UK if they think it makes financial sense, however their absurd Swiss salary will make up the difference, especially as the tax is lower.
Nah sorry, I'm not convinced that's the whole story. I'm sure it accounts for some truth, but not 11.50 for 10 tabs.
Someone's having a laugh.
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  #660  
Old 11.03.2012, 14:59
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Re: Absurd Swiss prices

When I was in Winterthur recently I went to a Pharmacy to buy some vitamin C, which was kept behind the counter. The assistant produced a bog standard product and asked for CHF16! I politely declined ...
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