The pandemic has hit last year’s tax revenue. The latest 2020 numbers from the Confederation show total revenue was just under CHF 54bn – almost down CHF 4bn on the previous year.
VAT income was also down by CHF 400m.
But federal income tax was up on 2019 – mainly down to the fact it’s calculated on the previous year’s activity.
Economic outlook uncertain for this year
Switzerland’s economic outlook remains cautious, with the KOF Swiss Economic Institute forecasting growth of around one percent in 2026,although that depends on falling oil prices.
Geneva bans the burkini
Geneva’s parliament has voted to ban the burkini in public swimming pools, ending months of heated debate.
Birthday candles banned in Geneva schools
In response to the fire in Crans Montana, birthday candles have been banned in Geneva’s primary schools.
Transit tax moves closer
Switzerland is moving closer to introducing a transit tax for foreign vehicles crossing the country.
Fake Nyon officer fined
A man in his fifties has been convicted in Vaud after impersonating a police officer in several towns, including Rolle and Nyon.
Heavy traffic this Easter
Heavy traffic is expected across Switzerland over the Easter holiday period, particularly on the A2 Gotthard autoroute and the A13 San Bernardino route from March 27.
