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Old 08.07.2010, 22:43
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benefits in kind

Hi,

i have the option of a cash allowance or a company car - I was told by a friend that a company car would be classed as a benefit in kind and taxed at a lower rate. I wondered if anyone here had more info on this

thanks
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Old 08.07.2010, 23:13
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Re: benefits in kind

From a tax point of view it doesn't make much difference. The tax authorities have a fix CHF/km that they calculate with. So it all depends on how much you need the car for your work and how well you can prove that. Anything on top of that is taxed. The higher the allowance, the bigger the risk they will want to see how much you drive.

The advantage of the allowance is that you can choose yourself what car you want to drive.
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