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  #21  
Old 11.05.2017, 20:09
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Re: Provisorische Rechnung received from Steueramt [provisional tax bill]

Yes I received Provisorische Rechnung for 2017. They ask to pay very high amount very close to 12 x monthly Quellensteuer
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  #22  
Old 11.05.2017, 20:11
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Re: Provisorische Rechnung received from Steueramt

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So Quellensteuer is defined per each Canton, right? It is the same for each Gemeinde in the Canton.
I can use this Tarif form (actually this one applies to me: https://www.steueramt.zh.ch/dam/fina...rif_2014_C.pdf) to determine the withholding tax level.
However my final tax level will be dependent on the tax declaration form and Gemeinde I live in.
I used this wizard to calculate Quellensteueur: https://www.comparis.ch/steuern/quel...uellensteuerur
and this form to calculate final tax specific to my Gemeinde:
https://www.comparis.ch/steuern/steuervergleich/default
I see around 4500CHF difference. Does it mean this the amount I should pay in to Gemeinde Steueramt? If I don't do that they will charge me 0.5% interest rate for the missing 4500CHF?
For personal tax rather than at source use NET income less 12k & see what the result is, I guess that 4500 CHF is closer to +/- 1000 depending on your village.
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  #23  
Old 11.05.2017, 20:12
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Re: Provisorische Rechnung received from Steueramt [provisional tax bill]

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Yes I received Provisorische Rechnung for 2017. They ask suggest to pay very high amount very close to 12 x monthly Quellensteuer
The suggestion is auto generated based on your last tax return. Pay as much or as less as you wish. Important: This is for canton Zurich, other cantons such as Aargau have other apporaches regarding Provisorische Rechnungen.
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  #24  
Old 11.05.2017, 20:14
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Re: Provisorische Rechnung received from Steueramt

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For personal tax rather than at source use NET income less 12k & see what the result is, I guess that 4500 CHF is closer to +/- 1000 depending on your village.
There is a calculator which has some gross to net assumptions:
http://www.estv2.admin.ch/d/dienstle...uerrechner.htm
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  #25  
Old 11.05.2017, 20:36
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Re: Provisorische Rechnung received from Steueramt

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I see around 4500CHF difference. Does it mean this the amount I should pay in to Gemeinde Steueramt? If I don't do that they will charge me 0.5% interest rate for the missing 4500CHF?
First, QS is calculated on gross income, and ordinary taxes - on net income after deductions. QS tables are more or less just the ordinary taxes tabulated with the assumption of typical deductions and average municipal taxation rate across canton - so unless you live in a higher than average taxed municipality, the final taxes shouldn't really be higher than QS

Second, only cantonal and municipal taxes in ZH get penalized or rewarded with 0.5% interest. For federal taxes the interest is 0% now

Third, are you seriously considering 0.5% interest worth your while? That's peanuts, it's at the current level of inflation. Better idea: buy some swiss stocks or funds, most pay an okaish 3% or so dividend in CHF, and since you seem to be willing to lock this money away for a long long time, it should survive a stock market cycle just fine
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  #26  
Old 12.05.2017, 10:00
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Re: Provisorische Rechnung received from Steueramt

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First, QS is calculated on gross income, and ordinary taxes - on net income after deductions. QS tables are more or less just the ordinary taxes tabulated with the assumption of typical deductions and average municipal taxation rate across canton - so unless you live in a higher than average taxed municipality, the final taxes shouldn't really be higher than QS

Second, only cantonal and municipal taxes in ZH get penalized or rewarded with 0.5% interest. For federal taxes the interest is 0% now

Third, are you seriously considering 0.5% interest worth your while? That's peanuts, it's at the current level of inflation. Better idea: buy some swiss stocks or funds, most pay an okaish 3% or so dividend in CHF, and since you seem to be willing to lock this money away for a long long time, it should survive a stock market cycle just fine
Excellent explanation thank you.
I am just wondering why form from this site doesn't take exact Gemeinde that i live in into consideration? http://www.estv2.admin.ch/d/dienstle...uerrechner.htm
Wouldn't final taxation depend on the Gemeinde?
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  #27  
Old 12.05.2017, 10:06
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Re: Provisorische Rechnung received from Steueramt

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Wouldn't final taxation depend on the Gemeinde?
Only for normal taxation, not for tax at source.

Tom
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  #28  
Old 12.05.2017, 11:03
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Re: Provisorische Rechnung received from Steueramt

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Excellent explanation thank you.
I am just wondering why form from this site doesn't take exact Gemeinde that i live in into consideration? http://www.estv2.admin.ch/d/dienstle...uerrechner.htm
Wouldn't final taxation depend on the Gemeinde?
It does take the exact Gemeinde in consideration!
So, what are you talking about? First select Canton and Year, then on the next page enter relevant details such as martial status, number of kids, religion, gross income (Erstverdienereinkommen Bruttolohn), and Gemeinde.
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  #29  
Old 12.05.2017, 11:09
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Re: Provisorische Rechnung received from Steueramt [provisional tax bill]

Aha I missed it. Thank you
So Gemeinde of living influences Quellensteuer as well :-)
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  #30  
Old 12.05.2017, 11:23
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Re: Provisorische Rechnung received from Steueramt [provisional tax bill]

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So Gemeinde of living influences Quellensteuer as well :-)
No.

Tom
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  #31  
Old 12.05.2017, 11:40
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Re: Provisorische Rechnung received from Steueramt [provisional tax bill]

OK. Gemeinde of living influences final taxation level but doesn't influence monthly Quellensteuer
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