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Old 19.06.2018, 22:50
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Review of the result of my tax declaration

Hello.

I worked and lived for a few months in Geneva back in 2016. I filled my tax declaration before leaving the country over two years ago and I got the result from the Administration fiscale cantonale this week.


Is there any web or simulator where I could check the correct/approximate tax amounts to pay?


I don't feel 100% confident with the tax office calculations
It is a very simple declaration so I don't want to pay to a tax advisor to review

Thanks
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Old 19.06.2018, 23:08
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Re: Review of the result of my tax declaration

Post it here for everyone to see and we'll criticize it, free of charge
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Old 19.06.2018, 23:19
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Re: Review of the result of my tax declaration

hahaha I don't mind as its just numbers


But will you just critizice or also give some guidance?
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Old 20.06.2018, 07:59
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Re: Review of the result of my tax declaration

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hahaha I don't mind as its just numbers


But will you just critizice or also give some guidance?

Wait and see


As it is a "simple" declaration, it is very unlikely their is much to go wrong
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Old 20.06.2018, 14:00
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Re: Review of the result of my tax declaration

Hello,

Ok, let's go ahead so you can share your thoughts with me

Single, no children and moved to Geneva with a B permit.
- I worked and lived in Geneva from 11/01/2016 to 31/03/2016.
- From 01/04 to 28/05 I got the Swiss jobseeker benefit while living in Geneva. I signed out and returned my B permit as of 28/05
- From 29/05 to 28/08 I got the Swiss jobseeker benefit while living in my EU country.

I did not have any other reportable income that tax year.
For the jobseeker benefit I was withhold 8% taxes which is the standard rate in Geneva. So no taxes due to pay/receive from this income
From my work the figures are the following and now the Administration fiscale cantonale is asking me for 1,690.50 CHF

My gross income from my ex-employer, according to the tax office, for those 2 months and 3 weeks was:
24,655.15 (base salary)
750 (meals)
1,712 (health insurance)
9,569.30 (housing allowance T)
4,583 relocation allowance
3,898.80 housing allowance (S+T)
2,423.35 holidays

= 47,592 CHF
I paid 10,821.10 euros on this (22.74%) and they are still asking me for 1,690.50 CHF more. I have the papers with their figures but they don't explain where this amount due is coming from or how was calculated.

My questions are:

1 - Does this sound good to you? I find it a high rate and my ex-employer calculated (or was supposed to) so at the end of the period the tax balance would be 0 CHF.
2 - Any tool or calculator where to put this figures to check what is my tax amount due or my personal tax rate (%)?
3 - I should only report the income while living in Switzerland (11/1 - 28/5) or while getting Swiss income (11/1-28/8)?

Thanks!

*This housing allowance is messy but the Administration fiscale taxed me based on the market value of the rent of the corporate apartment even tough I pay a subsidized rent to my employer. My employer increased my gross salary to neutralize the impact of these housing allowance taxes.
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Old 20.06.2018, 14:31
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Re: Review of the result of my tax declaration

It sounds very right, annual salary is around $200k, annual tax bill around 25% as a single, well paid individual....
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Old 20.06.2018, 14:39
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Re: Review of the result of my tax declaration

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It sounds very right, annual salary is around $200k, annual tax bill around 25% as a single, well paid individual....
Yeah, but he only earn about 25k... not 200k...

As far as I know, you dont have to fill - do - the tax declaration if you earn less than 120k while having the B permit...
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Old 20.06.2018, 14:56
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Re: Review of the result of my tax declaration

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Yeah, but he only earn about 25k... not 200k...
It's pro-rated for the full year, so he pays the same tax rate for 50k/3 months as someone who earns 200k/12 months.

Tom
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Old 20.06.2018, 15:53
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Re: Review of the result of my tax declaration

based on your presonal situation and the numbers you present:


annual salary about CHF225K would give about 25.6% tax rate which is pretty close to what they are asking.


GE tax rates
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Old 20.06.2018, 15:54
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Re: Review of the result of my tax declaration

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It's pro-rated for the full year, so he pays the same tax rate for 50k/3 months as someone who earns 200k/12 months.

Tom
Oka, still dont know why the groan.......
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Old 20.06.2018, 16:14
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Re: Review of the result of my tax declaration

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Oka, still dont know why the groan.......

Don't worry, not many others know either !
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Old 20.06.2018, 19:47
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Re: Review of the result of my tax declaration

My base salary as per contract was 110K. My employer did some "finance engineering" so the housing benefit would not impact me via taxes on my payslip -.-

I wish it was a 225K base salary!

- Shouldn't the corporate apartment rent be considered as benefit in kind with a different taxation than the base salary? In many other countries it works like that

- Should only report the annualized income of while I was living in Switzerland (11/1 - 28/5) or while I was getting Swiss income (11/1-28/8)?
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Old 20.06.2018, 21:46
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Re: Review of the result of my tax declaration

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Shouldn't the corporate apartment rent be considered as benefit in kind with a different taxation than the base salary?
No, it counts as income here.

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Should only report the annualized income of while I was living in Switzerland (11/1 - 28/5) or while I was getting Swiss income (11/1-28/8)?
While you were resident.

Tom
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Old 20.06.2018, 22:51
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Re: Review of the result of my tax declaration

Did you include the unemployment benefit payments in your tax calculation (to 28/5/2016)?
You can put all the numbers into GEtax and see how the values in each box compare to what you have in the paper assessment (make sure you download the 2016 version as some deductions changed since then).
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Old 20.06.2018, 23:23
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Re: Review of the result of my tax declaration

Thanks very much all of you for your help. Very helpful all the info!! Much appreciated


I reported my income from 11/1 to 28/5 BUT as the jobseeker benefit certificate included my income until 28/08 they disregarded my comments and and they have considered the full amount for the full period, which is not correct as from 25/08 to 28/08 I was no longer living in Switzerland.


Besides that, for the first 25 days or so (month of April) I did not get much jobseeker benefit (waiting grace period) which will decrease my annual prorated income if we only consider 11/1 to 28/5: Avril: 398,4 CHF
Mai: 398,4 CHF/jour x 20 jours = 7,968 CHF
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Old 21.06.2018, 00:05
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Re: Review of the result of my tax declaration

I downloaded the GETax but it is a complex system for me and of top of that is in French . I should annualize my income.


Is the health insurance premium paid by my employer (while working) and by me (while unemployed) deductible on the tax declaration?
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Old 21.06.2018, 08:21
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Re: Review of the result of my tax declaration

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I downloaded the GETax but it is a complex system for me and of top of that is in French . I should annualize my income.


Is the health insurance premium paid by my employer (while working) and by me (while unemployed) deductible on the tax declaration?

Pay for an accountant, it won't cost too much as it is a very "simple" declaration and on your income i guess you could afford it.



As i already said and according to you it is a SIMPLE declaration, it is highly probably that there are any errors in it. If you have property, share dealings etc is gets a little more complicated, but as an employee with a pile of benefits, there is really not much that can go wrong for a tax declaration.




Alternatively, pay the tax guy Chf 1600.-- and end of story
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Old 21.06.2018, 10:00
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Re: Review of the result of my tax declaration

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I reported my income from 11/1 to 28/5 BUT as the jobseeker benefit certificate included my income until 28/08 they disregarded my comments and and they have considered the full amount for the full period, which is not correct as from 25/08 to 28/08 I was no longer living in Switzerland.
You were still a tax resident.
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