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Old 09.01.2021, 13:29
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New laws about withholding taxes effective 1/1/2021

Hi everyone and happy new year to all of you!

Been reading the news about amended laws concerning withholding taxes in ZH. Have not seen any english version from the Tax authorities but read some info provided by BIG4 companies.

Can someone please explain briefly what practically changes for employees?
Are these changes good or bad news? Just trying to understand who benefits the most out of these changes and how do they impact the rest.

Thanks!
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Old 09.01.2021, 15:09
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Re: New laws about withholding taxes effective 1/1/2021

The changes are on federal level:

For the common employees not much changes. But it looks like 13th monthly salary might now be taxed with a lower rate.

Here in English:
https://www.pwc.ch/en/services/corpo...from-2021.html
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