Key Information for Swiss Salary Declarations
An overview of payroll social charges in Switzerland […]
CFO 3.0: Digital Transformation & Financial Management
CFO 1.0: The traditional role of the CFO has been in keeping accounting records up-to-date and on reporting what has happened. The CFO’s main responsibility was in delivering timely and accurate accounts. The Mindset is Operational and the Technology focuses on Reporting. CFO 2.0: With the advent of large amounts of data to process it […]
Some Corporate Tax & related measures introduced in Switzerland due to the 2020 economic crisis
The Swiss Federal Government has already introduced a number of measures to assist businesses in Switzerland (a good summary is available in French from the RTS site). Some key aspects to take into consideration in different Cantons are: The suspension of interest payments for late payments of Cantonal & Communal taxes & a very softened […]
No need to live in Switzerland to save with the 3rd Pillar
Any person who has a revenue that is subject to the payment of Swiss AVS / AHV 1st Pillar contributions is entitled to save with the 3rd Pillar, which could help to save on some taxes. For independent workers the limit is set at 20% of their net earnings, but at the most 40% of […]
Lump-sum taxation
Switzerland has an unusual tax arrangement which foreigners can take advantage of. The lump-sum taxation system is available in certain Cantons and allows private individuals to pay a fixed amount of tax every year based on certain criteria that are supposed to reflect how much the taxpayer is expected to spend rather than how much […]
Official Exchange Rates for Swiss Tax Returns
For 2019 tax returns the official FTA exchange rates are: Income Fortune USD 1 = CHF 0.99365558 CHF 0.968374 EUR 1 = CHF 1.11247283 CHF 1.087 GBP 1 = CHF 1.26829753 CHF 1.282822 Foreign exchange rates are available here. Average monthly exchange rates are available herei. Daily exchange rates supplied by the […]
Local representation for Swiss VAT for foreign companies
Since 1 January 2018 all companies that provide goods or services to Switzerland and which have a worldwide turnover of at least CHF 100,000 (about US$ 100,000) are required registered for Swiss VAT. These companies need to register with the Swiss Federal Tax authorities as soon as they begin their activities in Switzerland. In order […]
Negotiating a job offer in Switzerland? Useful tax-free perks you should know about.
Every year Swiss companies must issue a standardized salary certificate to employees noting all taxable benefits employees have received during the year. This catches a lot of perks, but there are exceptions that can be useful to know about. Some key benefits of value that an employer can give his staff (even when self-employed) and […]
Looking for help starting your new business?
DIGI.SWISS is your ideal partner in Switzerland. We have plenty of experience to share to guide you through the process in a cost-effective way and to set you on the right track with the accounting and administrative processes. Looking to raise money, need to establish some agreements, want to have a professional business plan or […]
About the .swiss domain extension
DIGI.SWISS celebrates receiving its domain name. Not as easy as you may think. […]