The Swiss canton of Vaud has managed to balance its 2020 budget with a small surplus of 76,000 francs. This is the 14th time in row that the canton’s budget has been in the black. At the same time planned spending is up by 2.43%, well ahead of Swiss inflation – prices were lower in […]
Vaud plans tax cuts
Last week, Vaud’s government announced a plan for future tax cuts. The residents of Vaud are among the highest taxed in Switzerland. In 2016, a single person in Lausanne earning CHF 100,000 paid CHF 16,050 in cantonal and communal tax on top of CHF 1,840 of federal tax. This was the fourth highest across all […]