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Welcome to our knowledge base where you can access valuable information on a variety of topics. Explore and expand your horizons as a student or expert.

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.

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
The Swiss Confederation imposes federal taxes, including value-added tax (VAT) and direct federal taxes (income and wealth taxes).

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
Each of the 26 cantons in Switzerland has its own tax laws and rates.

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
Municipalities have the authority to levy additional taxes, such as property taxes and local surcharges on income and wealth taxes.

Local taxes may differ significantly between municipalities within the same canton.

Swiss Tax System Key Features:

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

Expats with dependent children may be eligible for family allowances, which are financial benefits provided by the government to help cover the costs of raising children.

Child Deductions

Expats can often claim deductions for child-related expenses, including education, health care, and childcare services.

Housing Deductions

Rent: A portion of the rent paid for housing may be deductible, especially if it's your primary residence.

Mortgage Interest: If you own a home, mortgage interest payments may be eligible for deduction.

Health Insurance Premiums

Expats can potentially deduct health insurance premiums from their taxable income.

Commuting Expenses

Costs related to commuting to work, such as public transportation fares or vehicle expenses, may be deductible

Education and Training Costs

Deductions may be available for expenses related to professional training, courses, and education that directly contribute to your work.

Charitable Contributions

Donations to recognized charitable organizations may be eligible for deductions.

Foreign Tax Credits

Expats can often claim credits or deductions for taxes paid to foreign countries on income that is also subject to Swiss taxation, reducing the risk of double taxation.

Professional Expenses

Certain work-related expenses, such as business travel costs, home office expenses, and work-related equipment, may be deductible.

Pension Contributions

Contributions to Swiss pension funds or other retirement accounts may be deductible.

Alimony Payments

Expats making alimony payments may be able to deduct these payments from their taxable income.

Disability-related Expenses

Costs associated with disability accommodations and support for yourself or a dependent may be deductible.

Moving Expenses

If you've relocated to Switzerland for work, certain moving expenses may be deductible.

Interest on Student Loans

Interest paid on student loans used for higher education may be deductible.

Home Renovation Incentives

In some cases, home renovation and energy-saving improvements may qualify for tax incentives.

Our Blogs

Maximizing Deductions

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

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

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 […]