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  #21  
Old 21.09.2020, 18:12
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Re: Oldest question of all: how to pay less taxes? Are Pillar2 contributions a good d

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100k is way too small for a Pillar 2,
Whait . Why was I thinking all the way long it is about pillar 3a?

O.k. still same formula and same idea. And yes you are right.
Here the table with 10% and 15% payout tax applied.

Name:  Pillar 3a vs Alternative 10 small.jpg
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Name:  Pillar 3a vs Alternative 15 small.jpg
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Specially consider that one is "robbed" in case of pillar 2 as part of the performance is used to finance existing rents. Even this alone can contribute to a lost performance of 2% or more.

In Pillar 2 the risk of death and disability is not financed by your saving capital but insured and covered by the Risikobeitrag/Risk contribution.
https://www.pensionskasse-swissre.ch/en/key-words.html
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  #22  
Old 22.09.2020, 15:21
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Re: Oldest question of all: how to pay less taxes? Are Pillar2 contributions a good d

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Indirect is when you do not directly reduce the principal of the mortgage.
If you use the money directly to lower the mortgage it is considered direct.
FTFY

Amortisation is the reduction of the mortgage, this is the meaning of the word. There is no such thing as Amortisation that doesn't reduce the mortgage. Used to be, the reduction would happen by multiple periodic pay-ins, though that may have changed with the advent of the near-zero interest environment.

"Hey bank, here's 10k to reduce the mortgage" is direct Amortisation, using pillar 3a is considered indirect.
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  #23  
Old 29.10.2020, 14:22
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Re: Oldest question of all: how to pay less taxes? Are Pillar2 contributions a good d

having concluded that Pillar2 "top-up" does not yield the best return on capital over a certain horizon, are there other ways/tactics to reduce the tax bill?
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  #24  
Old 29.10.2020, 14:47
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Re: Oldest question of all: how to pay less taxes? Are Pillar2 contributions a good d

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having concluded that Pillar2 "top-up" does not yield the best return on capital over a certain horizon, are there other ways/tactics to reduce the tax bill?
Quit your job.
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Old 29.10.2020, 14:48
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Re: Oldest question of all: how to pay less taxes? Are Pillar2 contributions a good d

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Quit your job.
I already tried to ask my employer to pay me less but they insist on paying me my worth
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  #26  
Old 29.10.2020, 15:10
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Re: Oldest question of all: how to pay less taxes? Are Pillar2 contributions a good d

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having concluded that Pillar2 "top-up" does not yield the best return on capital over a certain horizon, are there other ways/tactics to reduce the tax bill?
Yup a few. Investment in property to reduce wealth taxes and use write-offs against income. Non-taxable investments overseas.
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