Good news for homeowners: rental value is coming to an end! Lower taxes for those who live in their own homes.



The Swiss people voted 57.7% in favor of abolishing rental value for homeowners who live in their own homes. This means they will no longer pay tax on a notional rent. In exchange, a new cantonal tax will be levied on second homes.



This change reduces the tax burden on owner-occupiers, but increases it for owners of second homes. The reform was widely supported in the mountain cantons, except in Valais, while the French-speaking cantons and Basel-Stadt rejected it by a majority.

Translated with DeepL.com (free version)

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