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Old 20.02.2020, 09:38
erikdebest erikdebest is offline
Join Date: Feb 2014
Location: Zürich
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Re: Normal tax bill significantly more than withholding tax

As someone else already commented in another thread: Quellensteuer is a good deal - and it is indeed true under some conditions.

For example the work related deductions are a lumpsum of 10% of the income. So in the case of earning 120k, they deduct 12k for work related expenses (in your sheet it is only around 3k5).

City of Zurich has a higher tax (119%) rate than cantonal average (used for quellensteuer). You see that your "Gemeindesteuer" is therefore 1204 CHF higher than the "Kantonsteuer".

So yes, the numbers you calculated look right and you may expect that bill indeed.

best, Erik
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