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| Hi All,
Having looked at previous posts, I am more than confused. A prospective employer has provided a salary breakup for 120K CHF with 6.5% as Taxes at source on average salary,tariff of canton Zurich 2011) Are there any other taxes that I need to consider? I have read Federal taxes & Church Taxes.
Assuming the Cantonal tax as 6500 per year, what will the federal tax look like?
What is calculated first? Cantonal or Federal ?
Additionally does it mean that the cantonal tax will be deducted at source, and the federal tax will have to be paid when the annual tax return is filed?
Thanks for helping out | |
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First off, 120K CHF is a decent salary, congrats! Even though Zurich is quite expensive...
As foreigners, we get taxed at the source and that's true for all taxes (federal, cantonal, communal and church). Using this
tax calculator it seems the max you'll pay in taxes will be around 20K CHF (that's assuming you have absolutely nothing to deduct from taxes).