Does anyone know what exchange rates I apply to interest etc. that I will pay tax on that was credited in another currency eg. EUR (ie. where do I get them and what date to apply it - date it was credited?).
Does anyone know what exchange rates I apply to interest etc. that I will pay tax on that was credited in another currency eg. EUR (ie. where do I get them and what date to apply it - date it was credited?).
thanks
it is converted as the value on 31.12 of the year. this post already covers this:
When filing, can one deduct against foreign debts being paid out of a Swiss income? I took out a loan a while back in the UK and am servicing it tightly from here. I am wondering if I can use it to my advantage here? Or does it not count?
When filing, can one deduct against foreign debts being paid out of a Swiss income? I took out a loan a while back in the UK and am servicing it tightly from here. I am wondering if I can use it to my advantage here? Or does it not count?
Your Swiss tax return covers
Global Income
Global Assets
Global Liabilities
So if you have a UK liability, declare it.
As a valid liability, it offsets against your taxable income, reducing it, thus reducing the tax payable.
This user would like to thank FriendlyKiwi for this useful post:
When filing, can one deduct against foreign debts being paid out of a Swiss income? I took out a loan a while back in the UK and am servicing it tightly from here. I am wondering if I can use it to my advantage here? Or does it not count?
Put it in 16.3 "Kosten für die Verwaltung des beweglichen Privatvermögens". You can claim 0.3% without proof. Or actuals with full proof of incurred costs.
has that changed in the last one or two years? i just noticed that my accountant used to claim 0.3% of financial assets until about 2006, but then stopped abruptly....
has that changed in the last one or two years? i just noticed that my accountant used to claim 0.3% of financial assets until about 2006, but then stopped abruptly....
Your accountant knows something that I do not. Please ask him/her and let us know.
Iam an Indian citizen. I have a query about how and what should be declared in the Tax declaration form about the Shares/Securities I hold.
I have some some shares from SMI and NYSE market segment. I have the Interest statement from the broker, I only says about the cash balance I have and not about the securities I hold.
Iam an Indian citizen. I have a query about how and what should be declared in the Tax declaration form about the Shares/Securities I hold.
I have some some shares from SMI and NYSE market segment. I have the Interest statement from the broker, I only says about the cash balance I have and not about the securities I hold.
Shares and securities should be declared with both their value at December 31 and the dividend in that year. If the divended was made in CH, 30% will have been deducted and you can claim this back on your tax decalration.
The value of the securities is added to your wealth and lightly taxed if your total wealth is over CHF71,000 at the rate of CHF0.50 per CHF1000...
Shares and securities should be declared with both their value at December 31 and the dividend in that year. If the divended was made in CH, 30% will have been deducted and you can claim this back on your tax decalration.
ONLY 15% can be recovered as far as I know via the DA-1 form in ZRH tax return. do know another method AbFab?
I don't know what a DA-1 form is. I refer to the sheet "Wertscghriften- und Guthabenverzeichnis" where 35% of dividends/interest is reclaimable...
yip that's the one, but you can't declare stocks/shares bought on the NYSE (via a CH broker) on that page. you have to use the DA-1 form. check out that page above on the software and see the link to the DA-1 form. the return is limited to15% !
ObNothingInParticular: I notice I have a new AHV number. This year's Zürich Private Tax software insists on it, calling it AHVN-13. I found it no problem on my Lohnausweis. But if the software insists on it, then if you're doing it the paper way, maybe make sure it gets onto the form.
I got married last year. When I changed my Zivilstand in P. Tax 09 accordingly, the software wanted to know if I was married either in, or before 2009. Is this why the fields for my spouse's information are still not available?
Is it still possible to claim for spouse's Obligatorische Krankenversicherung on the form? I haven't got that far yet. I can only take so much in one sitting.