Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 16.04.2020, 15:16
Newbie
 
Join Date: Apr 2020
Location: Zurich
Posts: 3
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Miko has no particular reputation at present
Tax Declaration process

HI all,
After I read a lot of information -> I decided to do the tax on my own. (income >120'000 chf, I'm in Zurich)

I. Can someone explain practical process of taxation:
tax form sent -> tax-advisor checks -> send me back this form with found mistakes or request for extra bills/docs -> I correct mistakes and send it back -> checks passed -> notification that tax-form is accepted. correct?

II. I have few questions about the process:

1) What is better option to choose a) register online and do my tax there or b) do it on paper and send via post?

2) in case of my mistake/-s they will easily notify me a) online or b) by post accordingly, correct?

3) What are the consequences if I made a mistake/-s and how Authorities will behave in this case? like fine or they will just correct it and that's all?

4) for eg. I provide lunch expenses 6000CHF, but according to some regulations -> I can tax only 3000CHF. Will I be notified about this? or they will correct it without notification

5) in case of extra docs or proofs -> I'll be not able to provide it or they will not accept them-> cancelation of that reduction or some fines or smth else?

Thanks,
Miko
Reply With Quote
  #2  
Old 16.04.2020, 18:00
Forum Veteran
 
Join Date: Nov 2011
Location: Mies
Posts: 957
Groaned at 14 Times in 10 Posts
Thanked 720 Times in 407 Posts
catandmouse has earned the respect of manycatandmouse has earned the respect of manycatandmouse has earned the respect of many
Re: Tax Declaration process

I've always done my tax declarations myself and with the software provided by most cantons, if you're salaried, it's hardly worth paying someone else to do it for you, as you have to do the legwork (collecting all the paperwork) yourself anyway.
Generally the tax software will correct obvious mistakes itself (like trying to deduct too much for lunch taken away from home). Otherwise the tax authorities will make corrections themselves or ask you for clarification. You'll see what has happened when you get your tax statement back.
Reply With Quote
The following 2 users would like to thank catandmouse for this useful post:
  #3  
Old 16.04.2020, 18:18
AbFab's Avatar
Forum Legend
 
Join Date: Sep 2006
Location: Zürich
Posts: 8,219
Groaned at 347 Times in 237 Posts
Thanked 11,982 Times in 4,109 Posts
AbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond repute
Re: Tax Declaration process

1) I've never used an advisor. But looks OK.

2) I use the free downloaded cantonal software. Then print it - one for me for next year and one by post to the scanning place.

3) You will be sent a first estimate with paying in slip(s)and if you don't dispute it, some higher up at the tax office will send the final reckoning after closer inspection.

4) If you make a mistake in your calculations either way, they will correct it at one of the levels in 3). You should not be punished for slip-ups. But if you fail to claim something you could have, they won't tell you. Likewise if you claim double for lunches, they will correct it.

5) If they need extra proof, they will ask for it. But they seem happy with fairly basic documents. I have never been asked for more in 30 years...
__________________


************************************
Fed up of smoking? 10 tips to quit in 10 days
Reply With Quote
  #4  
Old 16.04.2020, 22:54
Newbie
 
Join Date: Apr 2020
Location: Zurich
Posts: 3
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Miko has no particular reputation at present
Re: Tax Declaration process

Thank you @AbFab!
Extra clarification:
2) print it - one for me for next year and one by post to the scanning place.
-> by post: should I include all scanned documents too? (like salary per month, medical
certificate....)
or only printed version of tax form is enough?
4) But if you fail to claim something you could have, they won't tell you.
-> I'm planning to claim (me + wife + kid):
Lunch
Work related things: Clothes, office products
Travel to work
Family help-money transfer
Medical insurance
Training costs
Reply With Quote
  #5  
Old 16.04.2020, 23:29
MsWorWoo's Avatar
Forum Veteran
 
Join Date: May 2011
Location: Zürich Nord
Posts: 1,905
Groaned at 57 Times in 37 Posts
Thanked 3,101 Times in 1,169 Posts
MsWorWoo has a reputation beyond reputeMsWorWoo has a reputation beyond reputeMsWorWoo has a reputation beyond reputeMsWorWoo has a reputation beyond reputeMsWorWoo has a reputation beyond reputeMsWorWoo has a reputation beyond repute
Re: Tax Declaration process

When you submit you will have to send a signed sheet to the tax office, and they also list any additional documents they want. There will also be a list of documents that you should keep on hand in case they want them later.
Reply With Quote
  #6  
Old 17.04.2020, 10:27
AbFab's Avatar
Forum Legend
 
Join Date: Sep 2006
Location: Zürich
Posts: 8,219
Groaned at 347 Times in 237 Posts
Thanked 11,982 Times in 4,109 Posts
AbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond repute
Re: Tax Declaration process

Quote:
View Post
Thank you @AbFab!
Extra clarification:
2) print it - one for me for next year and one by post to the scanning place.
-> by post: should I include all scanned documents too? (like salary per month, medical
certificate....)
or only printed version of tax form is enough?
4) But if you fail to claim something you could have, they won't tell you.
-> I'm planning to claim (me + wife + kid):
Lunch
Work related things: Clothes, office products
Travel to work
Family help-money transfer
Medical insurance
Training costs
Post 5 answers your first question.

You can also claim for charitable donations.
Costs of investments charged by financial advisors.
Also medical expenses you paid (usually dental) outside that reimbursed by your health fund if the total is more than 5% of your total income.

Plus, don't forget the supplementary sheet with savings and interest where you claim back the 33% withholding tax...

If you search EF you will find a guide to completing the Zurich tax form...
Reply With Quote
  #7  
Old 17.04.2020, 16:31
Forum Veteran
 
Join Date: Nov 2011
Location: Mies
Posts: 957
Groaned at 14 Times in 10 Posts
Thanked 720 Times in 407 Posts
catandmouse has earned the respect of manycatandmouse has earned the respect of manycatandmouse has earned the respect of many
Re: Tax Declaration process

I haven't printed or mailed a tax declaration for many years, the tax software will submit the declaration directly for me. The instructions for doing this are fairly clear. You don't strictly speaking even need to print a copy. The following year the software will recover a lot of the data you used the previous year.
Note, this is canton Vaud, remember this is Switzerland and each canton has its own way of doing things.
Reply With Quote
  #8  
Old 17.04.2020, 17:51
Junior Member
 
Join Date: Aug 2016
Location: Zurich
Posts: 37
Groaned at 0 Times in 0 Posts
Thanked 27 Times in 14 Posts
fortis has no particular reputation at present
Re: Tax Declaration process

Quote:
View Post
What are the consequences if I made a mistake/-s and how Authorities will behave in this case? like fine or they will just correct it and that's all?
It's not rocket science really. Declare your income. Claim your deductions.

All in all they may adjust the income you declared, refuse to take into account the deductions you claimed or adjust their amount, and ask for additional information/documentation.

They can't fine you. All they can do is either decrease/increase the tax due and/or prosecute you if you committed an infraction. They will usually become aggressive only if you forgot to declare income because there is simply no excuse for that except being a fraud or a moron. And even if, they will probably let it slide if you are proactive about it (either by correcting your return right after or for more serious "oversights" by coming clean through the appropriate channel).

Otherwise there is no fixed rule. It all depends on the tax controller getting your file on his/her desk. For minor deductions/easier cases, it's more or less chain-processed. For special circumstances and huge amounts, it will most likely be reviewed by someone more senior in further details.
Reply With Quote
  #9  
Old 19.04.2020, 14:58
Forum Veteran
 
Join Date: Nov 2011
Location: Mies
Posts: 957
Groaned at 14 Times in 10 Posts
Thanked 720 Times in 407 Posts
catandmouse has earned the respect of manycatandmouse has earned the respect of manycatandmouse has earned the respect of many
Re: Tax Declaration process

Nearly every year the tax office makes minor corrections to my declarations. One year by mistake I added a zero to the amount in one of my bank accounts. The tax office got back to me to ask where the money came from and when I explained the error they accepted the correction with any fuss. On the whole I've found them to be quite reasonable and whenever I've contacted them with questions, they've been helpful. I even found a bug in the tax software once and they were grateful for the heads-up I gave them (it wasn't a bug in the software as such, but a problem with the display).
Reply With Quote
Reply

Tags
tax, tax declaration, taxation




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
Do I have to do the tax declaration? reecon Finance/banking/taxation 1 27.02.2020 09:51
Wealth tax declaration - Permit B -> Full Declaration Enohzee Finance/banking/taxation 26 27.09.2019 10:54
Tax Declaration 2kim Business & entrepreneur 6 23.01.2015 14:28
Help with Tax Declaration kiwiguy08 Finance/banking/taxation 5 26.03.2012 16:39
Van Declaration Alex Carter Transportation/driving 5 04.08.2010 20:59


All times are GMT +2. The time now is 10:16.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0