Resources & Blog
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About Us
We are your trusted partner for hassle-free tax preparation tailored for expatriates living in Switzerland. We are dedicated to simplifying your tax obligations and ensuring financial peace of mind, all on a flat-rate basis.
Our Services
Taxed GmbH simplifies Swiss taxes for expats, offers tailored services, and strives to optimize financial well-being.
Swiss Tax Preparation
We offer tax preparation services for Swiss expatriates with a flat-rate structure for no surprise costs.
Tax Planning
We create a tax plan that optimizes your finances and minimizes taxes with the help of our experts.
Consultation
Have questions about Swiss taxes or financial planning? We offer expert consultations to address your concerns and provide guidance.
Why Choose Us
As an expat in Switzerland, selecting the right partner for your financial needs is crucial. At Taxed GmbH, our core values and client commitment make us the ideal choice. Here's why:
Experience Simplified Tax Preparation
Taxed GmbH simplifies Swiss tax laws for expats with reliable, affordable and transparent tax preparation services. Trust us with your tax matters at a flat-rate pricing.
Swiss Tax System Overview
The Swiss tax system is characterized by its federal structure, with taxation occurring at the federal, cantonal (state), and municipal levels.
Federal Level
VAT: A consumption-based tax applied to most goods and services, with a standard rate and reduced rates for specific categories.
Direct Federal Taxes: Progressive income tax rates applicable to individuals and businesses at the federal level.
Cantonal Level
Cantonal income tax rates vary, often reflecting differences in local services and infrastructure.
Cantons also levy wealth taxes, property taxes, and inheritance and gift taxes.
Municipal Level
Local taxes may differ significantly between municipalities within the same canton.
Swiss Tax System Key Features:
- Tax Residency
- Progressive Taxation
- Deductible Expenses
- Double Taxation Agreements
- Tax Treaties
- Tax Reporting and Filing
- Wealth Tax
- International Tax Planning
Tax Residency
Individuals are considered tax residents if they spend at least 183 days a year in Switzerland or if their primary economic interests are in the country. Tax residents are subject to worldwide income and wealth taxation.
Progressive Taxation
Income and wealth taxes are generally progressive, meaning higher income or wealth is taxed at higher rates.
Deductible Expenses
Expats can often deduct certain expenses, such as health insurance premiums, housing costs, and contributions to pension funds, to reduce their taxable income.
Double Taxation Agreements
Switzerland has numerous double taxation agreements with other countries to prevent the same income from being taxed twice.
Tax Treaties
Switzerland’s tax treaties help clarify the tax treatment of cross-border activities and the allocation of taxing rights between Switzerland and other countries.
Tax Reporting and Filing
Taxpayers must declare their income, wealth, and assets through annual tax returns. The tax year in Switzerland generally follows the calendar year, with deadlines varying by canton.
Wealth Tax
In addition to income tax, Swiss residents are subject to wealth tax on their net assets. This includes real estate, bank deposits, investments, and other valuable possessions.
International Tax Planning
Expats in Switzerland often engage in international tax planning to optimize their tax liabilities, considering factors like double taxation treaties and residency rules.
Understanding Tax Benefits and Deductions for Expats in Switzerland
Navigating Swiss taxes as an expat can be complex, with varying benefits and deductions based on individual circumstances, cantonal regulations, and tax laws.
Seek professional guidance to make the most of opportunities like family allowances, housing and health insurance deductions, and charitable contributions. With changing tax laws and the system's complexity, staying informed is crucial to accurately claim benefits on your tax returns.
Expert support can help you optimize your financial situation. This guide explores tax benefits and deductions available to expats in Switzerland, helping you understand potential tax advantages.
Family Allowances
Child Deductions
Housing Deductions
Mortgage Interest: If you own a home, mortgage interest payments may be eligible for deduction.
Health Insurance Premiums
Commuting Expenses
Education and Training Costs
Charitable Contributions
Foreign Tax Credits
Professional Expenses
Pension Contributions
Alimony Payments
Disability-related Expenses
Moving Expenses
Interest on Student Loans
Home Renovation Incentives
Our Blogs
Maximizing Deductions
How to Lower Your Tax Bill Legally Maximize deductions. Maximizing deductions and credits can reduce tax liability for expatriates in Switzerland. This guide covers available options, such as education expenses and charitable contributions. Contact us Stay up-to-date on tax law for financial success. Maximizing deductions and credits is a legitimate way to lower your tax […]
Decoding Swiss Tax Forms
A Step-by-Step Walkthrough for Expats Decoding Swiss Tax Forms: Swiss tax forms for expats. Mastering Swiss Tax Forms: A Stress-Free Guide for Expats Filing taxes can be a daunting task, especially when you’re an expatriate navigating a foreign tax system. Switzerland’s tax forms, with their unique requirements and terminologies, can add complexity to the process. […]
Avoiding Common Tax Mistakes
Avoiding Common Tax Mistakes Pitfalls Every Expat Should Know Contact Us Avoiding Common Tax Mistakes: Pitfalls Every Expat Should Know Tax prep for expats in Switzerland can be confusing due to international tax laws. Our blog post shares common mistakes and practical tips for accurate filing. Misunderstanding Residency Rules One of the fundamental aspects of […]