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Old 23.02.2010, 15:27
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Very confused, please, help! [Question about at-source tax rate]

Dear all,
Sorry to get on everyones nerves with a repeated request for info, but really cofused here, as HR person says my husband would need to pay approx. 35-40% ( taxed at source) on the income of 108.300. But according to my calculations it's much less. So want to know if it is just my wishfull thinking...
I know that this topic keeps coming up, but I'm trying to work out what we are going to get after tax and all necessary social payments and etc. each month to live on.

So, if there is anybody here that can help me out, I'd really appreciate it.

Ok, here are the figures:
Family of 4

108.300 Brutto

State Pension (AHV) 108300.00 5.05 % CHF 5469
Unemployment (ALV) 108300.00 1.0 % CHF 1083
Company Pension (BVG)????
Accident Insurance (UVG) 126'000.00 0.895 % CHF 969
Sickpay Insurance (KTG) ????
Income tax at source 108300 @ ?? %


Would really, really appreciate the input



Thanks
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  #2  
Old 23.02.2010, 15:33
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Re: Very confused, please, help! [Question about at-source tax rate]

And, yes, it's Zurich we are aiming for.
thanks
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Old 23.02.2010, 15:36
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Re: Very confused, please, help! [Question about at-source tax rate]

Please use the following website to work it out

http://www.comparis.ch/steuern/quell...errechner.aspx

35% sounds very high to me!
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Old 23.02.2010, 15:38
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Re: Very confused, please, help! [Question about at-source tax rate]

You can add approx 500CHF a month child allowance with 2 kids
You pay income tax + federal tax + local tax, that is your 35% I would guess.

See this thread too.
Online net salary calculator?
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Old 23.02.2010, 15:39
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Re: Very confused, please, help!

There's a quick'n'dirty calculator here; it seems to think you should pay around 5% cantonal income tax.

Maybe the 35-40% they are referring to is everything together (tax + insurance + pension)?
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Old 23.02.2010, 15:47
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Re: Very confused, please, help! [Question about at-source tax rate]

Thanks a million kvrbpl! So looks like tax at source is 4.89% in our case? Lovely!
Do you know by any chance anything about Company Pension (BVG) and
Sickpay Insurance (KTG)? Are the obligatory to pay?
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Old 23.02.2010, 15:50
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Re: Very confused, please, help! [Question about at-source tax rate]

Company pension you can take with you if you leave Switzerland... saves you tax, although on a salary of 108K maybe you'd prefer to have the money now...

KTG is not optional ...

Sorry should have said, dont you just love HR, halfa**e answers...
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Old 23.02.2010, 15:52
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Re: Very confused, please, help!

Thank you markalex and MathNut! Now I am confused again ...So apart from what i wrote in my original post , we need to pay some more?!
Sorry for being blonde...
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Old 23.02.2010, 15:54
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Re: Very confused, please, help! [Question about at-source tax rate]

I like blonds, but tell the wife

BVG company pension?
KTG unemployment insurance...

Why are you confused?
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Old 23.02.2010, 15:55
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Re: Very confused, please, help! [Question about at-source tax rate]

LoL, love them ( HR)dearly
How much this KTG at %? Thanks!
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Old 23.02.2010, 17:01
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Re: Very confused, please, help! [Question about at-source tax rate]

I am sorry, but your time has run out, please put more money into the slot... no seriously try looking here or google swiss tax or something; you will find answers...

http://www.taxation.ch/index.cfm/fus...how/path/1.htm
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Old 23.02.2010, 17:05
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Re: Very confused, please, help! [Question about at-source tax rate]

[QUOTE=markalex;714448]You can add approx 500CHF a month child allowance with 2 kids
You pay income tax + federal tax + local tax, that is your 35% I would guess.


I am confused because of the above... I thought that all you need to pay is, what I have stated in my oroginal post, which doesnt sum up to 35% at all... More like:
State Pension AHV 5.05% +Unemployment ALV 1%+ Accident Insurance (UVG) 0.895% + income at source 5%= approx 12% unless Sickpay Insurance (KTG) is 20% (Company Pension (BVG) you said one can opt out for now) ? Or am I not getting smth? Federal tax, local tax smth extra?
I ve cheked the links you've sent guys, and actually based my calculations on then, but didnt come across Federal tax, local tax anywhere there..
Thanks

Last edited by akha; 23.02.2010 at 17:17.
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Old 23.02.2010, 17:17
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Re: Very confused, please, help! [Question about at-source tax rate]

There is no way things could add up to 35%. It is an incorrect figure. The tax at source is total income tax.

So yes, 12-15% at most. And I doubt they are deducting 20% for pension.
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Old 23.02.2010, 17:42
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Re: Very confused, please, help! [Question about at-source tax rate]

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There is no way things could add up to 35%. It is an incorrect figure. The tax at source is total income tax.
Thank you HashBrown.

So on the income of 108300CHF Brutto we will pay 15% out ? and get 92055CHF Net. Which is 7671 in our pocket monthly? And then we pay health insuarance on top, right? No more obligatory payments?

Thank you very much, and sorryfor being a pain

Last edited by evilshell; 23.02.2010 at 18:07. Reason: fixed quote tag
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Old 23.02.2010, 17:58
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Re: Very confused, please, help! [Question about at-source tax rate]

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Thank you HashBrown.
Like it was said before Tax Y + Tax Y +Tax for taxes + Tax for contributing to the well being of Locals drugs dealers + Tax for Z = Approx 35%.


To my own surprise as well, as I thought it was close to 15%...

It is true in Vaud/Lausanne area.

Oh and don't even consider getting "tax refunds" if they made a mistake, I read many comments saying how it's difficult to have anything back, and how you might end up having to pay a lot extras...
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Old 23.02.2010, 18:01
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Re: Very confused, please, help! [Question about at-source tax rate]

[QUOTE=CorsebouTheReturn;714697]Like it was said before Tax Y + Tax Y +Tax for taxes + Tax for contributing to the well being of Locals drugs dealers + Tax for Z = Approx 35%.


QUOTE]


Oh, boy....

Thank you
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Old 23.02.2010, 18:02
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Re: Very confused, please, help! [Question about at-source tax rate]

[QUOTE=akha;714678]
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There is no way things could add up to 35%. It is an incorrect figure. The tax at source is total income tax.

QUOTE]

Thank you HashBrown.

So on the income of 108300CHF Brutto we will pay 15% out ? and get 92055CHF Net. Which is 7671 in our pocket monthly? And then we pay health insuarance on top, right? No more obligatory payments?

Thank you very much, and sorryfor being a pain
Basic Insurance is on top (it's another thing). (for 1 person, minimum 175chf per month, maximum probably 1 billion chf per second, with the look of insurance companies)

Add the local "billag" tax if you have TV or a computer with media player or real player (erm, no comment), or a radio (yes even a poor alarm you're never using as radio) = compulsory TV Billag tax, quite significant amount.

Plus add local taxes for basically nearly everything, giving your address= 55chf...

Plus insurance for property, even if you rent a poor studio (apparently its only like 100chf per year)



etc...

Welcome to Switerland, consider lucky you're not taxed on forum's posts.
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Old 23.02.2010, 18:07
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Re: Very confused, please, help! [Question about at-source tax rate]

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Thank you HashBrown.

So on the income of 108300CHF Brutto we will pay 15% out ? and get 92055CHF Net. Which is 7671 in our pocket monthly? And then we pay health insuarance on top, right? No more obligatory payments?

Thank you very much, and sorryfor being a pain
Yes health insurance on top (unless you are lucky to have the employer pay). I am not knowledgeable in specific details; they do vary. There may be some minor insurances you have to get (liability, for example), but these will be under 1%. But you may want to get back to HR and say their figure doesnt make any sense according to your research. Surely they must be able to provide a breakdown.

But 15% seems a reasonable figure to use.
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Old 23.02.2010, 20:35
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Re: Very confused, please, help! [Question about at-source tax rate]

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The tax at source is total income tax.
Quellensteuer doesn't necessarily include Direkt Bundesteuer, nor an adjustment for your Gemeinde rate. Last year I had these added to my tax bill post-Quellensteuer.
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Old 23.02.2010, 20:40
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Re: Very confused, please, help! [Question about at-source tax rate]

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Quellensteuer doesn't necessarily include Direkt Bundesteuer, nor an adjustment for your Gemeinde rate. Last year I had these added to my tax bill post-Quellensteuer.
These only become an issue when filling out a tax form, which they will not be required to do at 100K income. What I was specifically saying is that if paying tax at source, quellensteller is the only income tax.
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