In Switzerland, many employees—especially foreigners and cross-border workers—have their income taxed at source (Quellensteuer). While this system simplifies tax collection for many, it can sometimes result in too much tax being withheld. Over-withholding typically occurs when your personal situation entitles...
Category: Direct Tax
Switzerland has a well-structured social security and pension system designed to offer financial protection for its residents during retirement, illness, and unforeseen events. As part of encouraging long-term savings and financial planning, the Swiss tax system provides numerous opportunities to...
Transportation expenses represent a significant portion of everyday living costs for many working individuals. In Switzerland, the tax authorities recognize this burden and allow deductions for commuting and transportation costs in specific circumstances. However, to take advantage of these benefits,...