Whats the limit for "wealth tax" ?

rob1 · #1 15.12.2011, 17:19

Hi all,

as its soon tax papers season again i was wondering if anyone knows what is the cut off point for "wealth tax" in ZH??

ie you have a new car - you pay a tax on that and if you have x amount in the bank you will pay tax on that also.

what are the limits?

thanks

aSwissInTheUS · #2 15.12.2011, 17:50

For Singles:
Up to CHF 71'000.-- Free
Over 71'000.-- each additional 1'000.-- is 50 Rappen
Over 284'000.-- it is 106.-- plus 1.--for each additional 1'000.--
Over 640'000.-- it is 462.-- plus 1.50 for each additional 1'000.--
and so on, see Steuertarif Canton Zurich

MathNut · #3 15.12.2011, 17:52

	Quote:	rob1
	Hi all, as its soon tax papers season again i was wondering if anyone knows what is the cut off point for "wealth tax" in ZH?? ie you have a new car - you pay a tax on that and if you have x amount in the bank you will pay tax on that also. what are the limits? thanks

For a single person it's CHF71K, for a married couple I think double that.

Assassin · #4 15.12.2011, 17:58

Just to keep this simple:

If you get home with dirt under your fingernails = no extra tax to pay

rob1 · #5 15.12.2011, 18:04

	Quote:	aSwissInTheUS
	For Singles: Up to CHF 71'000.-- Free Over 71'000.-- each additional 1'000.-- is 50 Rappen Over 284'000.-- it is 106.-- plus 1.--for each additional 1'000.-- Over 640'000.-- it is 462.-- plus 1.50 for each additional 1'000.-- and so on, see Steuertarif Canton Zurich

excellent! thanks, i was looking for that page but couldnt find it