Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #121  
Old 07.06.2012, 16:36
Nelly_Da_Hefferlump's Avatar
Forum Veteran
 
Join Date: Jun 2008
Location: Zürich, Switzerland
Posts: 767
Groaned at 8 Times in 7 Posts
Thanked 876 Times in 356 Posts
Nelly_Da_Hefferlump has a reputation beyond reputeNelly_Da_Hefferlump has a reputation beyond reputeNelly_Da_Hefferlump has a reputation beyond reputeNelly_Da_Hefferlump has a reputation beyond reputeNelly_Da_Hefferlump has a reputation beyond repute
Quote:
View Post
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.
You are confusing assets and income. If you have a positive bank balance in Ireland you should then pay tax on it here in Switzerland. That's the bad news. The good news is it's a minuscule amount you'll pay. In fact you may even be able to deduct some of your expenses (rent etc) in Ireland from your tax here. Give your tax consultant all the details they ask for it's for your own benefit.
Reply With Quote
  #122  
Old 07.06.2012, 16:55
Newbie 1st class
 
Join Date: Mar 2012
Location: Zurich
Posts: 14
Groaned at 0 Times in 0 Posts
Thanked 15 Times in 5 Posts
Idosan has become a little unpopularIdosan has become a little unpopular
Re: How to do your tax return Kt ZH

Thanks a million times for the TAX RETURN information, I wish I could do something like this to help everyone. God Bless you Richard.
Reply With Quote
  #123  
Old 23.09.2012, 11:59
BeastOfBodmin's Avatar
Forum Veteran
 
Join Date: Oct 2006
Location: Zürich
Posts: 894
Groaned at 3 Times in 2 Posts
Thanked 366 Times in 239 Posts
BeastOfBodmin has a reputation beyond reputeBeastOfBodmin has a reputation beyond reputeBeastOfBodmin has a reputation beyond reputeBeastOfBodmin has a reputation beyond repute
Re: How to do your tax return Kt ZH

What kind of bank charges are tax deductible?

Is there a list somewhere?
Reply With Quote
  #124  
Old 11.02.2013, 19:07
lola07's Avatar
Senior Member
 
Join Date: Mar 2011
Location: zurich
Posts: 276
Groaned at 27 Times in 13 Posts
Thanked 168 Times in 101 Posts
lola07 has earned some respectlola07 has earned some respect
Re: How to do your tax return Kt ZH

Ok now I know what I'm going to do tonight - go through all the comments under this thread as I have to fill my tax return, it's the 1st time and I haven't got a clue on how to do it. Would it not be better if I pay an accountant to do it?
Reply With Quote
  #125  
Old 11.02.2013, 19:31
pmacaodh's Avatar
Member
 
Join Date: May 2007
Location: Zürich
Posts: 149
Groaned at 1 Time in 1 Post
Thanked 33 Times in 24 Posts
pmacaodh is considered knowledgeablepmacaodh is considered knowledgeablepmacaodh is considered knowledgeable
Re: How to do your tax return Kt ZH

Yes and no.

For sure it will save you time to have an accountant fill it in regularly for you, but you still need to understand the form and what documents she will ask you for.

Also, you would be advised to verify her work at the end. I've had to correct a former accountant for putting a large debt as an asset!

If your German is ok, download the Canton's Private Tax software which now has a wizard that asks you section by section for info: Private Tax
Reply With Quote
  #126  
Old 23.11.2013, 12:54
stebolt's Avatar
Newbie
 
Join Date: Nov 2008
Location: Zurich
Posts: 9
Groaned at 0 Times in 0 Posts
Thanked 3 Times in 3 Posts
stebolt has no particular reputation at present
Re: How to do your tax return Kt ZH

Hi,

I'm going through the Private Tax Light 2012 (link below) which for me is much easier that filling in the paper version

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

There's a box asking for my Krankenversicherungsprämien

Does this mean total cost of all Health Insurance Premiums I paid in 2012? Anyone know if there's an upper limit declarable for Zurich?

Thanks
Reply With Quote
  #127  
Old 23.11.2013, 13:36
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: How to do your tax return Kt ZH

Quote:
View Post
Hi,

I'm going through the Private Tax Light 2012 (link below) which for me is much easier that filling in the paper version

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

There's a box asking for my Krankenversicherungsprämien

Does this mean total cost of all Health Insurance Premiums I paid in 2012? Anyone know if there's an upper limit declarable for Zurich?

Thanks
Put down what it costs. It's capped at about 2.5k
Reply With Quote
The following 2 users would like to thank fatmanfilms for this useful post:
  #128  
Old 12.01.2014, 12:17
Member
 
Join Date: Jul 2010
Location: Zürich
Posts: 154
Groaned at 1 Time in 1 Post
Thanked 31 Times in 21 Posts
varioplus has earned some respectvarioplus has earned some respect
Re: How to do your tax return Kt ZH

Sorry for this stupid question but I have been collecting tons of documents and info, and with my bad german, I am just getting confused.

So I'm a EU citizen on a B permit. I'm taxed at source and I would like to get back what I paid to much the bonus months and the 13rd salary months. I would also like to deduct expenses (having no pension abroad, no debt and no person at my charge, I can only think about 3rd pillar contribution and commuting to work expenses).

Do I need to go through the whole tax declaration ? or I just need to feel the "Antrag für quellensteuerpflichtige Arbeitnehmende auf Neuveranlagung der Quellensteuer 2013"

Since I'm here, a couple more questions: Is it too late for the same issue for 2012 ?
Regarding transportation costs: Is it difficult to deduct auto costs ? Do you need to prove you actually drive your car to work ?
Because I think I read somewhere they only consider it in special cases. Then I also have a ZVV pass I could declare.

Thank you
Reply With Quote
  #129  
Old 12.01.2014, 12:47
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: How to do your tax return Kt ZH

Quote:
View Post
Sorry for this stupid question but I have been collecting tons of documents and info, and with my bad german, I am just getting confused.

So I'm a EU citizen on a B permit. I'm taxed at source and I would like to get back what I paid to much the bonus months and the 13rd salary months. I would also like to deduct expenses (having no pension abroad, no debt and no person at my charge, I can only think about 3rd pillar contribution and commuting to work expenses).

Do I need to go through the whole tax declaration ? or I just need to feel the "Antrag für quellensteuerpflichtige Arbeitnehmende auf Neuveranlagung der Quellensteuer 2013"

Since I'm here, a couple more questions: Is it too late for the same issue for 2012 ?
Regarding transportation costs: Is it difficult to deduct auto costs ? Do you need to prove you actually drive your car to work ?
Because I think I read somewhere they only consider it in special cases. Then I also have a ZVV pass I could declare.

Thank you
A B permit is assumed to have about 8/10 k of deductible expenses, if you fill in a tax return you could very well pay extra tax, depending where you actually live.
Assumed deductions are apprpx 2.5k Health, 2.5k Lunch at work, 3% training costs + work travel

It's too late for 2012.

I would go to the tax office & ask, they will speak English in ZH
Reply With Quote
The following 3 users would like to thank fatmanfilms for this useful post:
  #130  
Old 12.01.2014, 16:19
Member
 
Join Date: Jul 2010
Location: Zürich
Posts: 154
Groaned at 1 Time in 1 Post
Thanked 31 Times in 21 Posts
varioplus has earned some respectvarioplus has earned some respect
Re: How to do your tax return Kt ZH

Thanks.
I just got explained by someone that they readjust the bonus months over the rest of the year so one really needs to wait for the lohnausweis and check how it looks versus the applicable tax rate (for the whole year income) before starting procedures.
Somehow, I can't imagine they really adjust this ? everymonth I get taxed the same thing except during the bonus month (which can vary a lot).
The lohnausweis should come soon so I will check that. Hopefully I just need to file a claim for the 3rd pillar!
Reply With Quote
  #131  
Old 12.01.2014, 18:41
Member
 
Join Date: Jul 2010
Location: Zürich
Posts: 154
Groaned at 1 Time in 1 Post
Thanked 31 Times in 21 Posts
varioplus has earned some respectvarioplus has earned some respect
Re: How to do your tax return Kt ZH

Here is the link to compute your taxes in Kanton Zurich:
http://www.steueramt.zh.ch/internet/...desteuern.html

I've got one question on those simulations:
To fill the field Steuerbares Einkommen, I should take on my Lohnausweis the Brottlohn total (8) or the Nettolohn (11; salary after AHV/IV/EO/ALV/NBUV/2nd pillar) ?
Reply With Quote
  #132  
Old 12.01.2014, 19:14
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,376
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: How to do your tax return Kt ZH

Quote:
View Post
Here is the link to compute your taxes in Kanton Zurich:
http://www.steueramt.zh.ch/internet/...desteuern.html

I've got one question on those simulations:
To fill the field Steuerbares Einkommen, I should take on my Lohnausweis the Brottlohn total (8) or the Nettolohn (11; salary after AHV/IV/EO/ALV/NBUV/2nd pillar) ?
Nettolohn
Reply With Quote
  #133  
Old 02.03.2014, 12:06
Member
 
Join Date: Jul 2010
Location: Zürich
Posts: 154
Groaned at 1 Time in 1 Post
Thanked 31 Times in 21 Posts
varioplus has earned some respectvarioplus has earned some respect
Re: How to do your tax return Kt ZH

So I finally found the bravery to start Private Tax 2013 software and got stuck at the first page.
I need a PID number which I'm supposed to find on the Steuererklärung 2013 form but which I have not received.
What can I do ? Just wait for tomorrow and ask the authorities ?
Reply With Quote
  #134  
Old 02.03.2014, 12:23
Junior Member
 
Join Date: Jun 2013
Location: Zurich
Posts: 93
Groaned at 7 Times in 4 Posts
Thanked 137 Times in 51 Posts
threaded is considered knowledgeablethreaded is considered knowledgeablethreaded is considered knowledgeable
Re: How to do your tax return Kt ZH

Quote:
View Post
So I finally found the bravery to start Private Tax 2013 software and got stuck at the first page.
I need a PID number which I'm supposed to find on the Steuererklärung 2013 form but which I have not received.
What can I do ? Just wait for tomorrow and ask the authorities ?
You could try phoning them to ask when it will turn up, just for the LOLs I might add, as I've received several different answers ranging from the January just gone to November.

If you do decide to phone up pray do tell. We can open a book on what answer they give you and have a bit of fun. November is my bet, yet you should have got it in January might look like an outsider, but it has legs.
Reply With Quote
  #135  
Old 29.07.2014, 12:57
Pernilleskokken's Avatar
Senior Member
 
Join Date: Jul 2009
Location: Zürich
Posts: 370
Groaned at 1 Time in 1 Post
Thanked 250 Times in 117 Posts
Pernilleskokken has earned the respect of manyPernilleskokken has earned the respect of manyPernilleskokken has earned the respect of many
Re: How to do your tax return Kt ZH

I've also found the courage to start my tax declaration 2013 using PrivateTax online, but am bumping into a question: for accounts/equities/obligations in other currencies than CHF, in the paper version you have a column "original-wahrung", where you'd put EUR, USD or whatever, but it's not there in the online form. What to do then? Convert the values to CHF immediately? Which rate should I then use? (assuming the exchange rate has varied a bit since end 2013!!)

Also, what do you put in columns A (blue: Werte mit steuerabzug) and B (red: werte ohne steuerabzug)? Where do you put interests gained from foreign accounts/actiosn/equities? And where do you deduct "maintenance costs" for these things (you know, the money you pay the bank/office to handle your equities or whatever)?

Sorry lots of questions, I could just go to an accountant but I'd like to give it a try first.
Reply With Quote
  #136  
Old 29.07.2014, 15:42
Senior Member
 
Join Date: Feb 2012
Location: Zürich
Posts: 361
Groaned at 5 Times in 4 Posts
Thanked 224 Times in 130 Posts
transeuropeancheese has earned some respecttranseuropeancheese has earned some respect
Re: How to do your tax return Kt ZH

Based purely on my current understanding, which might be wrong (but hopefully isn't):

Quote:
View Post
I've also found the courage to start my tax declaration 2013 using PrivateTax online, but am bumping into a question: for accounts/equities/obligations in other currencies than CHF, in the paper version you have a column "original-wahrung", where you'd put EUR, USD or whatever, but it's not there in the online form. What to do then? Convert the values to CHF immediately? Which rate should I then use? (assuming the exchange rate has varied a bit since end 2013!!)
For equities/whatnots in foreign currencies you have to use the official values found here: http://www.ictax.admin.ch/static/de/index.html

For anything not found there, you have to use the same currency rates for conversion to CHF.

Isn't this integrated into PrivateTax? I'm pretty sure the value and taxable rate for dividends of USD equities I have was actually available.

Quote:
Also, what do you put in columns A (blue: Werte mit steuerabzug) and B (red: werte ohne steuerabzug)?
Income (e.g. dividends, not capital gains) from assets that have been subjected to Swiss withholding tax (e.g. Swiss bank account, stocks) in blue, others in red.

Quote:
Where do you put interests gained from foreign accounts/actiosn/equities?
Column B (red)

Quote:
And where do you deduct "maintenance costs" for these things (you know, the money you pay the bank/office to handle your equities or whatever)?
Assuming Kanton Zurich: In deductions, position 16.3, max 3 per mil /6k, only "unavoidable" costs i.e. holding fees but not not fees for selling/buying/active portfolio management. I think you can also add foreign withholding tax here but not sure.
Reply With Quote
This user would like to thank transeuropeancheese for this useful post:
  #137  
Old 22.02.2015, 12:18
Corbets's Avatar
Forum Legend
 
Join Date: Mar 2007
Location: DK - previously Zug
Posts: 3,321
Groaned at 168 Times in 122 Posts
Thanked 6,707 Times in 2,237 Posts
Corbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond repute
Re: How to do your tax return Kt ZH

It's that time of year again, and I've got a question that I didn't think of last year. My girlfriend is here on a so-called concubine permit - I'm responsible for her (to the tune of 30'000 CHF, if I recall correctly) should anything go wrong. She's unemployed (student).

I believe this means that I can claim her as a dependent and deduct her healthcare premiums and such from my taxes. Can anyone confirm that's correct? If so, I probably could have saved money last year that I didn't think about... oh well.

ETA: Of course, I've already emailed the Zug tax office. When they come back to me, I'll share the answer here as well, but I'm hopeful someone can give me an answer any to satisfy my curiosity sooner. Also, I've noted that they ask about my rent and nebenkosten. Any idea why? I've given them the information each year, but is this actually deducted somehow? (best I can figure is that maybe the nebenkosten are; clearly, the entire rent is not)
__________________
I'm likely typing from an iPad. Please disregard odd word usage.

Last edited by Corbets; 22.02.2015 at 13:03.
Reply With Quote
  #138  
Old 24.02.2015, 05:31
Corbets's Avatar
Forum Legend
 
Join Date: Mar 2007
Location: DK - previously Zug
Posts: 3,321
Groaned at 168 Times in 122 Posts
Thanked 6,707 Times in 2,237 Posts
Corbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond reputeCorbets has a reputation beyond repute
Re: How to do your tax return Kt ZH

For those who might be hoping to use ths above to lower their taxes, I've got bad news. According to the zug tax office, this is a no go. Ah well.
Reply With Quote
  #139  
Old 27.03.2015, 12:53
Sbrinz's Avatar
RIP
 
Join Date: Oct 2011
Location: Murten - Morat
Posts: 11,866
Groaned at 563 Times in 354 Posts
Thanked 11,548 Times in 5,941 Posts
Sbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond reputeSbrinz has a reputation beyond repute
Re: How to do your tax return Kt ZH

A gentle reminder to make your tax reporting/return this weekend. You might be able to apply on-line for an extension past the limit of 31.03.2015, check your cantonal tax website, or ask your accountant.
Reply With Quote
This user would like to thank Sbrinz for this useful post:
  #140  
Old 29.04.2015, 17:43
parnell's Avatar
Forum Veteran
 
Join Date: Aug 2008
Location: Geroldswil
Posts: 642
Groaned at 219 Times in 140 Posts
Thanked 2,165 Times in 1,024 Posts
parnell has a reputation beyond reputeparnell has a reputation beyond reputeparnell has a reputation beyond reputeparnell has a reputation beyond reputeparnell has a reputation beyond reputeparnell has a reputation beyond repute
Re: How to do your tax return Kt ZH

I have a question which I'd really appreciate some help with.

My wife and I both work for large multinationals and paid Quellensteuer in 2012.

We live in what's recognised to be a low tax gemeinde but recently have received a bill from them for 2012.

The issue turns on which value is put into the "Hauptwereb" item - that's numbers 100 & 101 - should this item be the Gross salary or Net from the Lohnausweis ?

If it is the net do we then need to also inclue the AHV deductions and all that other stuff ?

If it is the Gross then our steueramt's calculation is correct and we would owe them money. It if is the Net amount on the lohnausweis then the Gemeinde owes us something and would be in line with what our companies' expect.

Many thanks for any help.

Last edited by parnell; 29.04.2015 at 20:32.
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
B Permit Holder in Zürich - Worth Filing a Tax Return? hbunny Finance/banking/taxation 25 23.03.2018 12:09
Tax return - how much time? devinder2801 Finance/banking/taxation 22 07.03.2008 11:26
intending to return bob30 Permits/visas/government 1 21.07.2007 13:57
Tax form numbers for US tax returns colors General off-topic 1 16.10.2006 01:53


All times are GMT +2. The time now is 04:13.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0