All services obtained abroad must be included in the Swiss VAT report. Unlike the import of goods that are being cleared at customs, for services obtained abroad there are no customs papers, but the VAT for this type of operation must be calculated and paid anyway.
Codes to use for the self-imposed VAT
In the VAT codes table, there are specific codes to be used for services obtained abroad: codes B80 e B80-2. The difference between these two codes is the following:
- with the B80 code, in the Amount column the gross amount with VAT must be entered;
- with the B80-2 the VAT amount is entered directly, and it will be allocated at 100% in the VAT account.
Codes to use for recoverable VAT
- with the M80 code, in the Amount column the gross amount with VAT must be entered
- with the M80-2 code, the VAT amount is entered directly, and it will be allocated at 100% in the VAT account
- with the I80 code, in the Amount column the gross amount with VAT must be entered.
Example using the codes B80-2 / M80-2
The transaction will be registered on multiple rows and needs a transitory account for the self-imposed VAT and the recoverable VAT:
- First of all the expense of the service must be entered, without the VAT code, because this is service obtained abroad
- The transitory account needs to be registered in debit, no account entered in the credit account, then the gross VAT amount needs the entered and for the VAT code, the VAT code B80-2 needs to be entered (for the self-imposed VAT)
- In the next row, no account entered in the debit account, enter the transitory account in credit, enter the VAT amount and for the VAT code, enter M80-2 or I80 (depending if the transaction deals with costs of materials and services, or investments and costs of the financial year)
At the end of the transaction, the transitory account shows a balance of zero.