Dear valued Customers,

We trust this message finds you well. We would like to inform you of a crucial update regarding the Value Added Tax (VAT) in Switzerland.

Important Points to Note:

• Effective Date: As of January 1, 2024, the Swiss government has approved an increase in the VAT rate to 8.1%. This decision is part of ongoing fiscal adjustments to maintain economic stability.
• Invoicing Impact: Invoices generated on or after January 1, 2024, will reflect the revised VAT rate of 8.1%. We recommend updating your accounting systems to ensure accurate financial records.
• Transition Period: Recognizing that adjustments may be necessary, we encourage you to review and update your financial processes to accommodate the new VAT rate.
• Resource Support: For any questions or clarifications regarding the VAT rate increase feel free to contact your usual SAFRAM point of contact.

More Information:

For detailed information on the new VAT rate and its implications, please visit the official Swiss Federal Tax Administration website. This page offers comprehensive insights into the changes and is a valuable resource to stay updated.

Your trust in SAFRAM is of utmost importance, and we remain dedicated to delivering the highest level of service.

Best regards,

Team SAFRAM