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Old 14.01.2011, 02:54
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Car allowance tax impact

Hi,
Does some one have any info regarding the tax impact on car allowance?

What is more advantages company car or Car allowance.

Thank you
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Old 14.01.2011, 08:53
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Re: Car allowance tax impact

Both a car allowance and a company car will create a tax impact. Company cars increase your taxable income at 0.8% of list price per month (check your cantonal tax rules for details).
There are several other factors as well: Does the company car include a full leasing (all services) or 'just' the car ? Does the company car include a fuel card ? How long is your commute ? Do you commute daily ? Can you use the company car for holiday trips as well ? How many km do you drive per year ? Does your company's car policy allow for the type of car you need/want - some policies do not allow for convertibles/SUVs/minivans.
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Old 14.01.2011, 12:19
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Re: Car allowance tax impact

an addition to xkcd's comments

some cantons will question the use of a car and why public transport is not being used. for example using a car daily within zone 10 of ZRH is difficult claim as an expense. you would get the public transport value (948CHF per annum) but mileage and petrol is nearly impossible, i believe.
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