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Old 23.02.2012, 22:02
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Bonus & AVS, Mat Insurance...

Hi to all,

I just checked my salary statement and I noticed that my company is deducting from my bonus the AVS contribution, Maternity insurance GE and the ALV contribution (Iím taxed at source).

Is it the right procedure?

Thanks,
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Old 23.02.2012, 22:31
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Re: Bonus & AVS, Mat Insurance...

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Hi to all,

I just checked my salary statement and I noticed that my company is deducting from my bonus the AVS contribution, Maternity insurance GE and the ALV contribution (Iím taxed at source).

Is it the right procedure?

Thanks,
Yes.
Bonus is normal pay.
You will most likely pay far too much tax on the month when you get your bonus, eventually you will get this tax back once you fill in a tax return. Bit of a pain, might be a while before this happens.

This is discussed in many other places, search for quellensteuer
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Old 23.02.2012, 23:02
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Re: Bonus & AVS, Mat Insurance...

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Hi to all,

I just checked my salary statement and I noticed that my company is deducting from my bonus the AVS contribution, Maternity insurance GE and the ALV contribution (Iím taxed at source).

Is it the right procedure?

Thanks,
Why would you think that you would not have to pay social charges on your bonus?
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Old 24.02.2012, 00:06
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Re: Bonus & AVS, Mat Insurance...

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Yes.
Bonus is normal pay.
You will most likely pay far too much tax on the month when you get your bonus, eventually you will get this tax back once you fill in a tax return. Bit of a pain, might be a while before this happens.

This is discussed in many other places, search for quellensteuer
could you explain?
Because as far as I have seen bonus=normal pay=taxes... so no reasons to have anything back...

Ie if "year" salary is 80K, and you get like 20K bonuses, you'll be taxed as someone earning 100K... not like having anything back on the 20K bonuses.
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Old 24.02.2012, 00:21
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Re: Bonus & AVS, Mat Insurance...

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could you explain?
Because as far as I have seen bonus=normal pay=taxes... so no reasons to have anything back...

Ie if "year" salary is 80K, and you get like 20K bonuses, you'll be taxed as someone earning 100K... not like having anything back on the 20K bonuses.
If taxed at source you bonus will be taxed as if you earn 320k a year if the bonus is paid in 1 month.
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Old 24.02.2012, 10:48
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Re: Bonus & AVS, Mat Insurance...

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could you explain?
Because as far as I have seen bonus=normal pay=taxes... so no reasons to have anything back...

Ie if "year" salary is 80K, and you get like 20K bonuses, you'll be taxed as someone earning 100K... not like having anything back on the 20K bonuses.
No. As someone else said, for that month, you will be taxed as if you earn 320k per year.

Your normal annual pay of 80k. Plus the extra 20k for that month x 12 months = 240k.
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