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Old 01.03.2019, 16:08
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Prepaying Tax

Is anyone still prepaying their Tax directly

My question is do you get any rate of interest on it, asking about Zug in particular

Also when prepaying do you pay seperately to two different places, when paying federal tax and Kantonal tax
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Old 01.03.2019, 16:16
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Re: Prepaying Tax

I heard that because interest rates are negative now for the cantons they prefer if you pay it as late as possible, I don't think you get any interest rate anymore.


But I do not know for sure, heard from a colleague.
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Old 01.03.2019, 16:23
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Re: Prepaying Tax

Looks like it's no longer worthwhile:
https://www.zg.ch/behoerden/finanzdi...ltung/zinssatz

---

In fact, in 2016 the Zuger taxman was specifically asking people not to pay early:
https://www.swissinfo.ch/eng/busines...rates/41888668


---

FYI for other cantons, here are the 2018 pre-payment interest rates:
https://www.comparis.ch/steuern/steu...zahlung-zinsen
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Old 01.03.2019, 17:30
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Re: Prepaying Tax

Wow! A whooping 1% in Glarus and AI.
Bye bye Zürich.
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Old 02.03.2019, 07:49
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Re: Prepaying Tax

I still pre-pay my taxes,tho' Canton Berne has also abolished the interest 2yrs ago. One keeps one's Budget much better in check this way.

To OP, you can ask for a pink paying in slip from your tax office and both taxes (Kanton/Gemeinde and Bundesteuer) go onto your 'personal account' there.

I have pre-paid too much last year and as it looks this year, as my account with tax office is sufficiently stocked, they'll defuct my taxes from that and the bills will sport **** on the paying in slips
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Old 02.03.2019, 09:52
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Re: Prepaying Tax

The low interest rates on prepaid tax is not the only issue to consider.
The interest on bank accounts where that money would otherwise be held is also equally dismal.

But also money paid to the tax authorities is likely to be relatively secure even if your own bank has a "problem" (remember 2008? or even 1991?)




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