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Old 10.05.2007, 21:49
DaveA DaveA is offline
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Re: Tax - Surprise!!!

This is not rocket science. Tax is at the lower boundary of what you expected. the rest is normal social insurances.

If you were earning 121364 CHF you would reach the zero insurance threshold, and your problems would have been solved.

dave


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Hi again
Well I got the job, and was happy with the offer, around 115,000chf, and some other benefits, free health insurance is one.
But the total tax was a big Surprise!!
I thought it would be around 19-25 %, but no, the total is over 33%, when I add the following.

Swiss Social Security 5,05%
Unemployement Insurance 1,00%
Maternite Insurance 0,02%
Old Age Pension Fund 7,00%


Taxes at Source 19,85%

Total tax 32,92%

after the extra 13% tax, the offer is not so good any more…..
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