Hi,
quick question, is the DA-1 form just for US dividends, or worldwide? I have UK shares and a couple of ISAs and not sure how to declare them in the tax return.

cheers,
Slayer

Worldwide, you generally get a cash refund within 6 weeks.
Just put details of any foreign income producing investments on that page, non foreign income producing assets on the other page, not that it will really matter.

Hi, for the ZH tax return, Section 36.2 box 496: "Auf Steuerbare Vermögenswerte im Ausland" - does this include foreign property? Google translate probably mangling this as "On Controllable assets abroad". Does it mean movable assets?

Because even if I use a moderate valuation of property, I end up with a negative figure in the following box (Section 37, box 498: "Total assets in the canton of Zurich")! As my UK property is worth more than my Swiss assets (sadly).

cheers,
Slayer

edit: shouldn't be sad about that I suppose :-)

In this contex Steuerbar == Taxable.

I see...and the UK Property itself is not a taxable asset, the value is just used to only calculate my wealth, right?

I think I am beginning to get it, it is just putting all the facts together :-)

(Note to self: do not attempt tax return after 2am in the morning)

The value you place on your UK home should be 'forced sale value', which is at least 30% less than you would see in an estate agents window.

will keep that in mind for next year's. if they let me change it then!

Hello everyone.

first thing first, thanks Richard for putting together all these info: truly a gem!

second, apologies for bringing up a relatively old topic.

my question: last year I was with the quellensteuer regime for half of the year, hence I got some taxes paid at the source by my employeer. This reflects in the Lohnausweis, however I cannot seem to find any place where I can "deduct" these already paid taxes in the tax declaration. Hence I went and assumed that they will somehow compute themselves the taxes already paid by my employeer, and/or get the info from the Lohnausweis that I will attach.

Am I right?

Thanks a lot.
Ale

The tax office will know you paid the quellensteuer & will apportion the bill.

Just a follow-up on this comment, is this -30% an official calculation, or 'informal advice'? Because I didn't do this in my previous tax returns, and I might have to explain this. There is no 'official valuation' for UK properties, and the Land Registry calculator (very basic) seems to be gone now, replaced by generic reports.

Edit - I re-read the original post and this was in it:
Now the UK Buildings insurance value is WAY lower than the current market value, since its a bricks-and-mortar rebuild cost, not a cost of buying a place in that location.

And from my 2012 tax return, they calculated imputed rent (even if standing empty) based on the value of my apartment.

It's the sale value on a particular day 31/12. The value is what an auction sale might produce without reserve on that day, not the value obtained after 5 months of marketing.

UK properties are valued in bands for local tax, you could also use purchase price.
Own a listed property & insurance value could be far higher than market value.

A valuation of an illiquid asset is never any more than an opinion, only a sale price is a fact.

Zurich City Tax Office. Even for property newly purchased in Switzerland 70% of purchase value is a good first estimate.

https://www.stadt-zuerich.ch/fd/de/i...bewertung.html

For rented out property it is (Yearly rent)/7.05 * 100

Fantastic info; I did read the link although Mein Deutsche ist nicht so gut, so I am assuming my rented apartment is classed under "commercial buildings, as well as floors owned for business purposes". It does mention adding certain bills which would include Council tax? And is that pre- or post-expenses?

Yeah, I still have no idea what that would be :-).

I just dug out what the Tax office finally said about my apartment for my 2012 tax return:

" Imputed rental adapted to new market value ([property value] x 4 .25%, rounded)"

Considerably less than the price an estate agent would attempt to get. Put it on Ebay without a reserve, start price 1 CHF & end time 23.59, 31 December & you will get an EXACT answer of it's value.

no chance mate. :-) thats part of my future, that is, unless Brexit steals it from me...

Well average UK property sells for nearly 12 times average salaries, historical range being 3-4. Mean reversion will over time steal much of that.

Where do you put the total value of your second pension. Also, what about medical expenses?

Thank you

Value of your pillar 2 fund or an additional pension income that you're drawing from somewhere?

Pillar 1/2/3a aren't taxed and aren't supposed to be declared. For pension income, there's field 3.2 Renten/Pensionen on the main form for that. But if it's foreign sourced, depending on the tax treaty, it may be not taxable in CH, in which case you deduct it in 26.2 at the same time, so that it only affects your rate.

Depends on what kind of expenses, there's a few places to deduct different stuff. For example fields 15, 16.4 or 22.1 and corresponding subforms.