Hi Guys

Can anyone tell me how the rules are in Switzerland when you are changing job and still have holidays left?? I have around 15 days and is not very interested in getting them paid out since I'll then have to pay much more tax. So can the company force me to pay them out or?

Hope anyone can help with this.

Thanks in advance.

Can you not finish 15 days early?

Yes, in theory they can. Its up to them if they will let you take holidays or pay it out.

You will pay the same tax if you take them or have them paid out.

Holidays are paid, therefore they are taxed.

Tom

Thanks for the answer everyone - was hoping they not could force me to pay it out.

I'm on quellensteur which means the tax % is going to be much much higher that month which means ALL my income will be taxed and that's the problem :-) I do know I have paid holiday but this is still a quite big difference if I need to get them paid out.

That doesn't quite understand the question.

Let's say one gets 20 days paid holiday a year. 6 months into the year, I quit my job having taken no leave. I've accrued 10 days. Either I take off those 10 days during my notice or I decide to take the 10 days as extra pay. EXTRA pay. The company therefore has to pay me more to balance the fact that I've done an extra 10 days work. That extra money is taxed.

Adrian this is exactly my point :-) The extra money will be taxed and since I'm on Quellensteuer will my TOTAL tax % for that month be higher since the income is higher :-) Which means in the end I'm going to loose money.
So I'm ofcourse mostly interested in having holidays instead.

I was stung with the same problem with the big jump in Quellensteuer previously - it's definitely a disadvantage. Any chance that they'd hold the holiday pay until next month's payroll? Your payout would be delayed, but at least the tax would be lower.

You could always do something with the cash that is tax deductible.... put it into a 3a pension for example. If you really want to have your cake and it eat it, you could then take a loan using the 3a pension as collateral.

If you take the holidays you get 0CHF. If you take the money you get more than 0.

How is that losing money?

Freedom (holiday) is equal to money as well :-)

Freedom is equal to time off, not money.

Yes but time is money :-) But again in the bottom if I get things paid out I'll have to pay more tax on ALL income which means I'll get paid less out in total.

So for arguments sake you earn 3000 per month. So for 15 days you would be owed 1500CHF.

So you are saying that by being paid 4500CHF for one month...the tax increase would be so high that it would make the net pay for that month less than 3000?

This is all a bit offtopic. I don't see why you can't take your 15 days as vacation days. Have you been forbidden by HR?

OK, so you're being difficult now



Porche1909 was right.

Either get the payout at the end and take three weeks off sitting around between jobs, or take the last 3 weeks holiday before you officially resign.

It doesn't make any difference. (except for the tax)


This is a time frame that you will have to sort out between your current and future employer.


If you can manipulate the time, then resign 3 weeks early

If you can't (before your next job) you have to take the payout and pay the tax.

I'm not asking about anything regarding my employer but asking what the rule is and that's it :-)

I don't say that at all :-)

The issue is that if you on your basic salary is paying 10% tax. But in case you are getting the salary paid out you maybe end up with paying 15% which means you are paying 5% on your basic salary as well which means you are loosing money, this is very clear and how the things is.

Yes you did

overcomplicated question is overcomplicated

The guys here already told you the options :

a) See if you can get the days off during your notice.
b) See if you can get it paid off in which case your tax will be higher. That's how tax works. More money, more tax.

There is no (c) that I can think of.

So what kind of answer do you want ???