In this article
From 1st January 2024, the new VAT rates in Switzerland are applied.
Updating your accounting file with the VAT Codes 2024
To be able to record VAT movements with the new rates, you must first update the VAT Codes 2024 table in your accounting files.
- Download the latest version of Banana Accounting Plus (to easily update the VAT Codes table).
- Update the VAT Codes table with the 2024 rates
Before updating VAT Codes, however, we recommend that you make back-up copies of your accounting files, in case you need to revert to previous versions.
2024 VAT Extensions to obtain the VAT Report
The documentation in English is only partial: the full documentation is available in German, French or Italian.
We provide two distinct extensions:
- Effective Method - VAT Extension 2024/2018 - See documentation in German, French or Italian
- Flat tax rate Method - VAT Extension 2024/2018 - See documentation in German, French or Italian
The 2024 extensions allow reporting using both the rates in force as of 2018 (e.g. 7.7%) and those in force as of 2024 (e.g. 8.1%).
The Swiss VAT extensions 2024 are installed automatically and replace the Swiss VAT extensions 2018.
Banana Accounting Plus Advanced Plan
The Swiss VAT extensions 2024 require Banana Accounting Plus, Advanced plan.
- Those who use the Professional or Free plans, from 1 July 2024 will receive a notice that the Advanced plan is required. More information...
VAT extension incompatibility notice 2024 for Banana 9 users
- In Banana Accounting 9 (and previous versions), the new Swiss VAT 2024 extensions are warning that they are no longer compatible. More information...
How to keep using the 2018 VAT extension
- The Swiss VAT 2018 extensions are still available. However, they must be reinstalled manually. More information...