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-   -   Simplified VAT calculation (https://www.englishforum.ch/finance-banking-taxation/297521-simplified-vat-calculation.html)

ekonshin 04.04.2020 00:53

Simplified VAT calculation
 
Hello everyone!

I'm assessing costs for the business plan and have a question about the simplified VAT level to be paid.

For alcoholic beverages the Swiss Tax Code states:

1,2% Alkoholische Getränke: Handel, sofern mit offen überwälzter Steuer bezogen
6,5 % Alkoholische Getränke: Handel, sofern ohne offen überwälzte Steuer bezogen

I can't really find anywhere what does "sofern mit offen überwälzter Steuer bezogen" mean and thus can't define the right rate for my assessment.

Does someone know which rate should I apply for which situation?

Mullhollander 04.04.2020 08:29

Re: Simplified VAT calculation
 
Under simplified VAT filing, if the bar, restaurant, etc., does not pay input VAT on its alcoholic beverage products, then it would use the 6.5% VAT rate on its sales of alcoholic beverages when filing its semi-annual VAT filing.

On the other hand, if the bar, restaurant, etc., pays input VAT on its alcoholic beverage products, then it would use the 1.2% VAT rate on its sales of alcoholic beverages when filing its semi-annual VAT filing.


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