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Old 25.01.2021, 12:49
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Stadt Zuerich Finanzverwaltung charges?

Hi all


Reviewing my bank account and I see quarterly charges of the following, roughly 100 CHF each:
18.12.2020 Stadt Zuerich Finanzverwaltung
18.09.2020 Stadt Zuerich Finanzverwaltung
12.06.2020 Stadt Zuerich Finanzverwaltung
12.03.2020 Stadt Zuerich Finanzverwaltung



I thought it was something to do with my Cantonal Taxes so I called Stadt Zurich and this has nothing to do with them, and not visible on my account history.


What is Finanzverwaltung from a Stadt Zuerich perspective? Finanzverwaltung is translated to "financial management" but I'm unclear where or why these charges are coming out.


Any idea who in Stadt Zurich I could call to further clarify? thank you in advance.
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Old 25.01.2021, 12:54
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Re: Stadt Zuerich Finanzverwaltung charges?

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Hi all


Reviewing my bank account and I see quarterly charges of the following, roughly 100 CHF each:
18.12.2020 Stadt Zuerich Finanzverwaltung
18.09.2020 Stadt Zuerich Finanzverwaltung
12.06.2020 Stadt Zuerich Finanzverwaltung
12.03.2020 Stadt Zuerich Finanzverwaltung



I thought it was something to do with my Cantonal Taxes so I called Stadt Zurich and this has nothing to do with them, and not visible on my account history.


What is Finanzverwaltung from a Stadt Zuerich perspective? Finanzverwaltung is translated to "financial management" but I'm unclear where or why these charges are coming out.


Any idea who in Stadt Zurich I could call to further clarify? thank you in advance.
Ask your bank why they are charging your account with unauthorized transactions? What are the amounts anyway? Could it be your wealth management fees which you can deduct and which your bank calls strangely?
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Old 25.01.2021, 13:22
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Re: Stadt Zuerich Finanzverwaltung charges?

Have a look at the IBAN you're sending to.

CH74 0070 0110 0061 1600 2 is Kanton and Geminde taxes

CH74 0070 0110 0031 4268 1 is Federal tax
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Old 25.01.2021, 13:59
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Re: Stadt Zuerich Finanzverwaltung charges?

Maybe you tried to pay a single bill but for some reasons erroneously made standing order which is now executed in each quarter.

IBAN: CH74 0070 0110 0061 1600 2
Is the general bank account of the City of Zurich. It is not just for tax, but also for fines, fees, etc. etc.


Maybe it is your quarterly electricity bill. But that should go on an other account as the EWZ is its own legal entity.
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Old 25.01.2021, 15:26
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Re: Stadt Zuerich Finanzverwaltung charges?

Looking at the date, did you pay your taxes in several chunks? Very normal and I do the same. The date is close to the end of payment date for the taxes if you pay quarterly invoices.
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Old 26.01.2021, 11:08
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Re: Stadt Zuerich Finanzverwaltung charges?

I have the same, and in my case it's Direct Debits (LSV) to the Electricity Company (EWZ) for my power bill.
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Old 26.01.2021, 16:10
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Re: Stadt Zuerich Finanzverwaltung charges?

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I have the same, and in my case it's Direct Debits (LSV) to the Electricity Company (EWZ) for my power bill.

Thank you all for the insights and suggestions. In the end, it was indeed payments to EWZ, payment dates and amounts match. Mystery solved!



Completely unclear why the description was Stadt Zuerich Finanzverwaltung. The "Stadt Zuerich" threw me off hence my various calls to different Stadt Zuerich tax/finance departments, who of course didn't know what I was referring to.


Didn't know that EWZ is indeed part of Stadt Zurich (can't tell simply by the name) but outlined here: https://www.ewz.ch/de/ueber-ewz/port...tsleitung.html
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Old 26.01.2021, 16:54
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Re: Stadt Zuerich Finanzverwaltung charges?

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Looking at the date, did you pay your taxes in several chunks? Very normal and I do the same. The date is close to the end of payment date for the taxes if you pay quarterly invoices.
I wish my tax was 400 CHF per year !
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