Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 14.05.2019, 16:49
Forum Veteran
 
Join Date: Mar 2014
Location: Neuchatel
Posts: 632
Groaned at 1 Time in 1 Post
Thanked 249 Times in 170 Posts
Enohzee is considered knowledgeableEnohzee is considered knowledgeableEnohzee is considered knowledgeable
Reducing taxes after marriage

Hi all,

A regularly discussed topic here: taxes before and after marriage!

I'm getting married in August and we're both above-average earners (and earn about the same) - so we of course get the big tax punishment.

I believe we are essentially already taxed at the new rate, as they count it from Jan 1st of the year you're married - can anyone confirm this? I guess I can't delay the announcement of marriage here either (we marry in another country)?

Next... to reduce our taxes a bit, we'll have the usual deductions (commute, etc.), plus we'll probably pay more into our pensions as we'll see more tax benefit with our higher rate.

Does anybody have other suggestions of reducing the impact of the "tax punishment"?

Thanks for any help
Reply With Quote
  #2  
Old 14.05.2019, 16:55
st2lemans's Avatar
Forum Legend
 
Join Date: Dec 2010
Location: Lugano
Posts: 26,569
Groaned at 1,642 Times in 1,262 Posts
Thanked 30,788 Times in 14,708 Posts
st2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond repute
Re: Reducing taxes after marriage

Children.

Tom
Reply With Quote
The following 7 users would like to thank st2lemans for this useful post:
  #3  
Old 14.05.2019, 17:02
Today only's Avatar
Forum Legend
 
Join Date: Dec 2010
Location: Europe
Posts: 7,316
Groaned at 810 Times in 549 Posts
Thanked 8,983 Times in 4,255 Posts
Today only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond repute
Re: Reducing taxes after marriage

Make babies.....
Reply With Quote
The following 4 users would like to thank Today only for this useful post:
  #4  
Old 14.05.2019, 17:04
Treverus's Avatar
Forum Legend
 
Join Date: Dec 2007
Location: Luxembourg
Posts: 11,195
Groaned at 279 Times in 237 Posts
Thanked 20,886 Times in 7,592 Posts
Treverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond reputeTreverus has a reputation beyond repute
Re: Reducing taxes after marriage

Quote:
View Post
Does anybody have other suggestions of reducing the impact of the "tax punishment"?
Sure: For DINKs is the tax bill usually higher than the rent for the flat or house… so it really makes sense to compare local tax rates. I saved 50% of my tax by moving from Zurich city to Wollerau SZ. If you live in Neuchatel city it would even be more than half... not sure which parts in the West of CH are the most tax efficient, but the potential is huge!
Reply With Quote
This user would like to thank Treverus for this useful post:
  #5  
Old 14.05.2019, 17:06
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 17,850
Groaned at 283 Times in 232 Posts
Thanked 15,260 Times in 8,479 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Reducing taxes after marriage

Quote:
View Post
Make babies.....
Exactly make babies & 1 of the couple should look after the children, then the tax bill will plummet.
Reply With Quote
The following 3 users would like to thank fatmanfilms for this useful post:
  #6  
Old 14.05.2019, 17:08
Forum Veteran
 
Join Date: Mar 2014
Location: Neuchatel
Posts: 632
Groaned at 1 Time in 1 Post
Thanked 249 Times in 170 Posts
Enohzee is considered knowledgeableEnohzee is considered knowledgeableEnohzee is considered knowledgeable
Re: Reducing taxes after marriage

Haha! Seems theres only one solution...!

Is the tax lower for married couples with children, than unmarried couples with children?

We considered moving to another canton (Vaud or Berne) but actually the potential tax difference was not very significant (especially compared to Vaud, besides Eclepens commune) and would result in higher rent without the gorgeous Neuchatel lake view
Reply With Quote
  #7  
Old 14.05.2019, 17:17
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 17,850
Groaned at 283 Times in 232 Posts
Thanked 15,260 Times in 8,479 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: Reducing taxes after marriage

Quote:
View Post
Haha! Seems theres only one solution...!

Is the tax lower for married couples with children, than unmarried couples with children?

We considered moving to another canton (Vaud or Berne) but actually the potential tax difference was not very significant (especially compared to Vaud, besides Eclepens commune) and would result in higher rent without the gorgeous Neuchatel lake view
Very marginally lower as you get a small allowance per child, far less than high earners will spend on their kids in a year.
France for example is hellishly high tax for a single 120k earner, however with a family with 2 children, the taxable income gets divided by 3 then tax calculated then multiplied by 3.
Reply With Quote
The following 2 users would like to thank fatmanfilms for this useful post:
  #8  
Old 14.05.2019, 20:31
Today only's Avatar
Forum Legend
 
Join Date: Dec 2010
Location: Europe
Posts: 7,316
Groaned at 810 Times in 549 Posts
Thanked 8,983 Times in 4,255 Posts
Today only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond reputeToday only has a reputation beyond repute
Re: Reducing taxes after marriage

By the way, assuming you haven't started already making babies just to let you know.....paying tax is FAR FAR cheaper than kids
Reply With Quote
The following 12 users would like to thank Today only for this useful post:
  #9  
Old 14.05.2019, 22:06
Senior Member
 
Join Date: Jul 2014
Location: VD
Posts: 302
Groaned at 47 Times in 30 Posts
Thanked 247 Times in 121 Posts
bugger is considered unworthybugger is considered unworthybugger is considered unworthybugger is considered unworthy
Re: Reducing taxes after marriage

...and better for the environment too
Reply With Quote
  #10  
Old 15.05.2019, 07:17
omtatsat's Avatar
Forum Legend
 
Join Date: Oct 2007
Location: Timbuktoo/Zürich
Posts: 7,809
Groaned at 1,440 Times in 777 Posts
Thanked 3,334 Times in 2,130 Posts
omtatsat omtatsat omtatsat omtatsat omtatsat
Re: Reducing taxes after marriage

Quote:
View Post
Hi all,

A regularly discussed topic here: taxes before and after marriage!

I'm getting married in August and we're both above-average earners (and earn about the same) - so we of course get the big tax punishment.

I believe we are essentially already taxed at the new rate, as they count it from Jan 1st of the year you're married - can anyone confirm this? I guess I can't delay the announcement of marriage here either (we marry in another country)?

Next... to reduce our taxes a bit, we'll have the usual deductions (commute, etc.), plus we'll probably pay more into our pensions as we'll see more tax benefit with our higher rate.

Does anybody have other suggestions of reducing the impact of the "tax punishment"?

Thanks for any help
Earn more pay more. Logical.
Reply With Quote
The following 2 users would like to thank omtatsat for this useful post:
  #11  
Old 15.05.2019, 09:35
Forum Veteran
 
Join Date: Mar 2014
Location: Neuchatel
Posts: 632
Groaned at 1 Time in 1 Post
Thanked 249 Times in 170 Posts
Enohzee is considered knowledgeableEnohzee is considered knowledgeableEnohzee is considered knowledgeable
Re: Reducing taxes after marriage

Quote:
View Post
Earn more pay more. Logical.
Sure. I don't think anyone can argue the "marriage tax punishment" is logical though can they?

Hurry up and re-vote, Swiss!
Reply With Quote
  #12  
Old 15.05.2019, 10:43
omtatsat's Avatar
Forum Legend
 
Join Date: Oct 2007
Location: Timbuktoo/Zürich
Posts: 7,809
Groaned at 1,440 Times in 777 Posts
Thanked 3,334 Times in 2,130 Posts
omtatsat omtatsat omtatsat omtatsat omtatsat
Re: Reducing taxes after marriage

Quote:
View Post
Sure. I don't think anyone can argue the "marriage tax punishment" is logical though can they?

Hurry up and re-vote, Swiss!
Only the tax buro could argue that it's logical.
But of course marriage is a dying institution!

Last edited by omtatsat; 15.05.2019 at 11:04.
Reply With Quote
  #13  
Old 15.05.2019, 11:22
JoMiFa's Avatar
Senior Member
 
Join Date: Apr 2012
Location: Basel Stadt
Posts: 349
Groaned at 5 Times in 4 Posts
Thanked 321 Times in 165 Posts
JoMiFa has an excellent reputationJoMiFa has an excellent reputationJoMiFa has an excellent reputationJoMiFa has an excellent reputation
Re: Reducing taxes after marriage

Quote:
View Post
Hi all,


1) believe we are essentially already taxed at the new rate, as they count it from Jan 1st of the year you're married - can anyone confirm this?
2) I guess I can't delay the announcement of marriage here either (we marry in another country)?
1) I can confirm that was the case for me in Basel Stadt - was based on status at end of year and applied for whole year.
2) Probably illegal...
Reply With Quote
This user would like to thank JoMiFa for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Question about joint taxes after marriage jivegirl Finance/banking/taxation 2 05.10.2014 19:06
B Permit after marriage SwissFox Permits/visas/government 8 10.04.2013 13:38
taxes after marriage hornetzoo Finance/banking/taxation 3 03.01.2013 14:16
Marriage & Taxes? Geijn Finance/banking/taxation 16 22.01.2012 07:26
Taxes in BS and marriage justsally Finance/banking/taxation 6 11.07.2007 21:51


All times are GMT +2. The time now is 21:12.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0