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| Hi All. I read somewhere that if you start working late in Switzerland (I at 35), one could pay money into the pension fund for the lost years which could then be used to reduce tax. I live in Basel and would appreciate if anyone could help me with information on this subject. Thanks in advance. Ashish. | |
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Yes indeed. You must do this before the end of november. All you need to do is decide how must you want to and can afford to pay in and off you go. There is limit which you will see on your Pension statement. You can pay in any amount up to this but will have some difficulties if the figure seriously distorts your tax liabilities. ie you end up not paying anything...