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Old 27.06.2020, 12:22
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Re: Massive increase in tax due to filing a declaration

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Thanks for the replies



We wouldn't have been required to to fill in a tax return, but we tried to claim some tax back with the simplified process (for 3rd pillar and commuting etc) but when they noticed we have savings over 100k they sent us a request for a full tax return. So that's what I'm trying to do using the official software (the same as the professionals use I believe).

Now claiming as many deductions as we can without having debts or dependents (including the max for third pillar) still leaves us paying more than before.



I made the mistake of entering gross income instead of net on my first attempt and got an even bigger shock


So from the feedback so far it sounds like previously when paying tax at source we were getting the benefit of the doubt on a lot of tax deductions, AND maybe also not paying the penalty for being a married couple. Maybe this could explain it but it... though it's all rather opaque.

I wish just one of the online articles about how to claim back a little tax had come with a warning about this!
Tax at source assumes deductions of 10-15k depending on salary, you will get in that range from filling in a tax declaration e.g. lunch at work, 3% for training costs, travel to work & limited health insurance premiums.

Never make an investment based on saving tax.
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