Changes to VAT Rules from 2025

As of January 1, 2025, significant changes have been introduced to the VAT law. Below is a summary of the main updates:

1. Mandatory electronic processing of VAT data.
2. Introduction of more than two VAT rates for the flat-rate and balance methods.
3. Option to choose annual VAT reporting.

Full details are available in the documentation of the Federal Tax Administration.

Changes and Updates in Banana+

• Electronic processing is already possible with the VAT Reporting Effective Method and Net tax rate extensions.
• If you use more than 4 VAT rates with the net tax rate / flat rate method, follow the instructions to enter the additional codes in the VAT Codes table.
• For the new calculation of the net tax rate / flat rate, we are awaiting the publication of the specifications eCH-0217 E-MWST 2.0. As soon as they are available, we will update the relevant extensions and documentation.
• For the annual report, it is possible to make advance payments. Currently, these advances are not displayed in the VAT report but are managed exclusively in accounting, as their integration into the VAT report is too complex.