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Old 23.08.2020, 01:32
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ZH: Tax at Source / varying Salary Components

Hi all,

just registered and saw that they might be already some people here who could help me understanding the situation. I'm with a new company for roughly a year now. Beside my base salary my company salary plan contains various other salary components like a yearly Bonus or Incentives depending on how long you stay with the firm.

I've created an excel to calculate the differences between the Tax at Source and the "real" taxes I have to pay with my tax return. This excel includes all tarifs from tax at source, Bundessteuer, Staats- and Gemeindesteuer and already validated the excel with my old tax returns and the calculators available online.

My base salary is 150k CHF and my additional salary components are:

7,2k in April
26k in July
12,6k in September
6,5k in October

I think some of the bonus listed here will push me into another tax at source bracket in the month, where it's getting paid out.

By using my excel I've calculated an overall tax at source amount of around 37,4k but the normal taxes would add up to around 24,5k. Could there be really such a big difference just by these varying salary amounts? Anybody who already faced a similar situation.

Many thanks
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Old 24.08.2020, 10:18
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Re: ZH: Tax at Source / varying Salary Components

Since you have a gross income over 120k, you will file a tax return, and you will get an accurate tax assessment as a result. It then becomes a cash-flow issue, of paying too much in advance etc.
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