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  #101  
Old 19.05.2010, 13:44
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Re: How to do your tax return Kt ZH

Hi All ,
In filling in the income part of the taxform wich relates to income in switzerland .

Does one have to include Rental Income from a holiday property in valaise or is it only earned income as if working in switzerland,as i undes
rstyand they base the tax on a assumed rental income of 3k.

Hope someone can come back with a definnete answer to this

Cheers
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  #102  
Old 19.05.2010, 19:20
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Re: How to do your tax return Kt ZH

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Hi All ,
In filling in the income part of the taxform wich relates to income in switzerland .

Does one have to include Rental Income from a holiday property in valaise or is it only earned income as if working in switzerland,as i undes
rstyand they base the tax on a assumed rental income of 3k.

Hope someone can come back with a definnete answer to this

Cheers
Real rental income is taxable income and must be declared.

The assumed rental income is when the property is self occupied or there is no real income.
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  #103  
Old 19.05.2010, 19:53
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Re: How to do your tax return Kt ZH

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Hi All ,
In filling in the income part of the taxform wich relates to income in switzerland .

Does one have to include Rental Income from a holiday property in valaise or is it only earned income as if working in switzerland,as i undes
rstyand they base the tax on a assumed rental income of 3k.

Hope someone can come back with a definnete answer to this

Cheers
All income worldwide (rental, wages, salary, interest, dividends, lottery winnings, gambling winnings, earnings from hobbies, - everything), regardless of income type, must be declared

With regards to income in Switzerland, all Swiss income of any and every type must be declared.
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  #104  
Old 20.05.2010, 15:13
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Re: How to do your tax return Kt ZH

Hi, Has anyone else on this site been asked to do both a UK and ZUR tax return? If so, do you have any advice on whether to do them together vs. seperately and also whether to use an accountant?
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  #105  
Old 01.07.2010, 22:46
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Re: How to do your tax return Kt ZH

Quick question : If one has property in Germany , by declaring the rental income in Switzerland is one no longer required to declare same in Germany ?
thanks
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  #106  
Old 01.07.2010, 23:51
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Re: How to do your tax return Kt ZH

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Quick question : If one has property in Germany , by declaring the rental income in Switzerland is one no longer required to declare same in Germany ?
thanks
You only pay the tax once - Germany or Switzerland. I don't know about German taxes, couldn't you write the income against your German tax allowance. However, either way it's part of your assets and should be declared in Switzerland and will be subject to a very mild wealth tax...
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  #107  
Old 01.07.2010, 23:54
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Re: How to do your tax return Kt ZH

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You only pay the tax once - Germany or Switzerland. I don't know about German taxes, couldn't you write the income against your German tax allowance. However, either way it's part of your assets and should be declared in Switzerland and will be subject to a very mild wealth tax...
Thank you very much ! To answer your question I believe as I live outside Germany I receive absolutely zero tax allowance...
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  #108  
Old 02.07.2010, 11:30
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Re: How to do your tax return Kt ZH

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Quick question : If one has property in Germany , by declaring the rental income in Switzerland is one no longer required to declare same in Germany ?
thanks
The German tax authorities will require you to lodge a tax return with your income details as earnt in Germany

The Swiss tax authorities will require you to lodge a tax return with your income details as earnt in the entire world. Because you reside here.

Due to the double tax agreement between Switzerland and Germany, the tax paid in Germany can be offset against your Swiss tax, so the net result is you only pay once.

BUT: you must file the tax return in Germany for your Germany income. Otherwise, the German authorities may think you are practising tax avoidance, and recently we have seen what the German tax authorities attitude to tax avoidance is like...
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  #109  
Old 12.02.2011, 13:05
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Re: How to do your tax return Kt ZH

It's that time of year again, so I'm resurrecting one of the most useful threads ever posted on EF.

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You need to fill in 30.4 if you own a car - they calculate the value

I've never had a vehicle before, so this hasn't been an issue, but what exactly do I do here? More to the point - I'm leasing since August, so I don't actually own it yet. Do I still need to fill this in? It seems that this is likely to be an asset tax of some sort, and if it's leased I'd think I don't need to pay anything on it... but since I'm a good little wannabe-Swiss, I want to make sure I do it right.

Edit for clarity: there are four fields on line 30.4. The 2nd and 3rd are obvious - but is the first the make/model of the vehicle? What's the 4th?

Last edited by Corbets; 12.02.2011 at 13:22.
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  #110  
Old 13.02.2011, 16:15
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Re: How to do your tax return Kt ZH

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It's that time of year again, so I'm resurrecting one of the most useful threads ever posted on EF.




I've never had a vehicle before, so this hasn't been an issue, but what exactly do I do here? More to the point - I'm leasing since August, so I don't actually own it yet. Do I still need to fill this in? It seems that this is likely to be an asset tax of some sort, and if it's leased I'd think I don't need to pay anything on it... but since I'm a good little wannabe-Swiss, I want to make sure I do it right.

Edit for clarity: there are four fields on line 30.4. The 2nd and 3rd are obvious - but is the first the make/model of the vehicle? What's the 4th?

To answer my own question, I read the handbook that comes with your paper tax details. According to that, "Nicht deklariert werden müssen geleaste Fahrzeuge." So you don't declare leased vehicles.
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  #111  
Old 25.02.2011, 22:32
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Re: How to do your tax return Kt ZH

Do Familienzulage payments from the Arbeitlosenkasse go on line 3.4, and the Taggelder on line 3.3. or should the Steuerbarer Betrag go on line 3.3?
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  #112  
Old 08.03.2011, 21:43
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Re: How to do your tax return Kt ZH

Hello

I checked this thread and there was no mention of the below.

1. I am in a rented house.Can i claim the Hausrat Premium under any headings?
2. Is the Pauschal of 700 CHF allowed for travel irrespective of whether you own a Fahrrad or Kleinmotorrad ( 1.2 under Berufauslagen)?

Appreciate your inputs.
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  #113  
Old 31.03.2011, 12:11
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Re: How to do your tax return Kt ZH

ref to 30.4 - they decide the car value.....

how, they dont know the condition or the KMS, you can have a complete shitheap with a billion kms or a mint example.

values are wildly different
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  #114  
Old 04.03.2012, 18:39
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Re: How to do your tax return Kt ZH

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I got married last year. When I changed my Zivilstand in P. Tax 09 accordingly, the software wanted to know if I was married either in, or before 2009. Is this why the fields for my spouse's information are still not available?
Yes it is. Spouse's name appeared on the 2010 Steuererklärung.

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Is it still possible to claim for spouse's Obligatorische Krankenversicherung on the form? I haven't got that far yet. I can only take so much in one sitting.
I put that information onto the 2010 tax return anyway. I haven't had the final bill yet, but I didn't get any telephone calls or letters in grey envelopes so I assume they bought it.

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Is it possible to file tax returns online yet?
Well yes it is! In Zürich anyway. Not completed it yet, but so far it appears to work like PrivateTax, only online. You still have to print stuff out at the end and send it by mail though. So uploading signed PDFs isn't an option yet.

You need your dead tree form in order to register to set up an account because there is an Online-Zugangscode on it. Then you have to activate either SMS code security, else use your Suisse ID. Finally, a use for a Swiss ID.

Last edited by BeastOfBodmin; 04.03.2012 at 18:41. Reason: s/Spuse/Spouse/
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  #115  
Old 29.05.2012, 22:19
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Re: How to do your tax return Kt ZH

2012 - Tax Guide Canton Zürich - in English. (by courtesy of Prof Taratonga)
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  #116  
Old 06.06.2012, 11:16
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Re: How to do your tax return Kt ZH

The Zurich tax authorities are now publishing tax help in English, so I thought it might be useful to add here for anyone requiring it:

http://www.steueramt.zh.ch/internet/...rnational.html

As published on:
http://worldradio.ch/wrs/news/switze...ng-taxes.shtml
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  #117  
Old 07.06.2012, 17:07
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Re: How to do your tax return Kt ZH

Hi,

This is the first time I have to do it (Steuererklärung) so I naturally have some questions. I did go with an external tax advisor (found contact details here on the forum) but now they ask questions which bother me a little.

OK, I don't really care why they need a religion (and if an atheist is an option here?) but I'm a bit confused when they ask about the bank accounts in other countries. My family is still living in Ireland and I'm still paying their rent and other bills but that probably won't get me any relief. The fact that I have a bank account there, however, may get me into trouble, as it seems.

So the main question - do you really need to disclose all foreign bank accounts if they have nothing to do with Switzerland? Probably a stupid question in Switzerland but in Ireland nobody ever asked me how many accounts I have and how much money is there. By the way, will they also ask the same about my Swiss accounts or they know this from the Big Brother anyway??

Thanks.
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  #118  
Old 07.06.2012, 17:15
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Re: How to do your tax return Kt ZH

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I'm a bit confused when they ask about the bank accounts in other countries. My family is still living in Ireland and I'm still paying their rent and other bills but that probably won't get me any relief. The fact that I have a bank account there, however, may get me into trouble, as it seems.

So the main question - do you really need to disclose all foreign bank accounts if they have nothing to do with Switzerland?
Yes. You are taxed on your GLOBAL wealth and GLOBAL income.
Most countries do this.

If you do not declare you full and complete financial position, then you are hiding pertinent details from the tax authorities and you can expect to have the tax law book thrown at you when you are caught.
Just like what happened to the Americans and Germans when they got caught with hidden accounts in Switzerland....
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  #119  
Old 07.06.2012, 17:23
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Re: How to do your tax return Kt ZH

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OK, I don't really care why they need a religion (and if an atheist is an option here?)
Your religion is asked for Church Tax.

If you are Protestant or Catholic you will have a % or two deducted to keep your church roofs from leaking. "Other" will get you Church Tax free. But beware when you meet St Peter at the pearly gates he'll want to know why you didn't pay...
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  #120  
Old 07.06.2012, 17:30
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Re: How to do your tax return Kt ZH

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Yes. You are taxed on your GLOBAL wealth and GLOBAL income.
Most countries do this.
If you do not declare you full and complete financial position, then you are hiding pertinent details from the tax authorities and you can expect to have the tax law book thrown at you when you are caught.
Just like what happened to the Americans and Germans when they got caught with hidden accounts in Switzerland....
Thanks, FriendlyKiwi. If assets don't generate any income they must still be declared? I mean, if I have some money in a foreign bank with 0 interest, there is no income.
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