For 2023 tax returns the official FTA exchange rates are: Income Wealth USD 1 = CHF 0.89880159 CHF 0.841624 EUR 1 = CHF 0.97165064 CHF 0.929700 GBP 1 = CHF 1.11706498 CHF 1.072875 Official foreign exchange rates as of 31 December 2023 are available here. In this list are also included rates to […]
For 2022 tax returns the official FTA exchange rates are: Income Wealth USD 1 = CHF 0.95497047 CHF 0.925228 EUR 1 = CHF 1.00481626 CHF 0.987450 GBP 1 = CHF 1.1791102 CHF 1.112933 Official foreign exchange rates as of 31 December 2022 are available here. In this list are also included rates to […]
For 2021 tax returns the official FTA exchange rates are: Income Wealth USD 1 = CHF 0.9143082 CHF 0.911141 EUR 1 = CHF 1.08101082 CHF 1.036150 GBP 1 = CHF 1.25746523 CHF 1.234099 Official foreign exchange rates as of 31 December 2021 are available here. In this list are also included rates to […]
If you run a business in Switzerland it may be advantageous for you to consider buying a car on behalf of the company. The car can then also be used for personal purposes. The private use of the vehicle is then counted as a taxable benefit to the user. Car allowance benefits are calculated at […]
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 […]