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New refund and default interest rates from 2024
The Federal Department of Finance is adjusting the refund and default interest rates for federal taxes and duties in line with the rise in interest rates. From 2024, an interest rate of 4.75 % will apply to late payments and refunds.
The interest rate on voluntary advance payments for direct federal tax will rise to 1.25% (previously 0%). No interest will be paid on voluntary advance payments for value added tax.