The taxpayer is taxed on all his income and wealth, but it is possible to deduct various costs and expenses.
Deductions can be divided into several categories:
Deductions related to the taxpayer's income:
For the employee: insofar as they are not covered by the employer, the costs of transport between home and the place of work, the costs of meals or accommodation away from home, other professional costs, costs for secondary employment, costs for expatriates, etc.
For the self-employed: expenses justified by commercial or professional usage (depreciation, provisions, interest on commercial debts, personnel costs, expenses for the maintenance of production equipment, commercial losses, etc.)
Costs for the administration of private assets by a third party (management fees for current accounts, investment accounts and savings accounts, negative interest, etc.)
Building maintenance costs (costs incurred to maintain the value of the building, or to operate or renovate the building - capital expenditures that increase the value of the building are not deductible), insurance premiums, third-party management fees related to the building
Deferral of excess energy conservation and environmental costs and demolition costs
Deductions that are not directly related to income:
Interest on private debt
Alimony payments
Premiums and contributions to the old age and survivors' insurance and to the disability insurance
Contributions paid to occupational pension funds (2nd pillar) and tied personal pension funds (pillar 3A)
Spousal work product deduction
Training and continuing education costs for professional purposes, including retraining costs
Expenses caused by illness (under certain conditions)
Disability-related expenses
Donations to legal entities pursuing a public service or public utility goal
Contributions and payments to political parties
Child care expense deductions
Stakes for lottery winnings
Insurance premiums
Health and accident insurance deductions:
to Fr. 3,200 for a single, widowed, separated or divorced person
6,400 for spouses living in a common household
The amount of Fr. 1,300 per child or person in need for whom the taxpayer is entitled to a share of 0.5 of the family quotient or to a deduction for dependents does not increase.
Individuals receiving 2021 Mandatory Health Insurance premium subsidy(s) must subtract the subsidy(s) from their total health and accident insurance premiums to calculate the deduction amount.
Social deductions that are granted on the basis of purely social considerations (marital status, number of children, dependents, etc.)
Social deduction for housing
The deduction for dependant(s)
The low-income taxpayer deduction
The family deduction
Our specialists will apply all possible and maximum deductions to your situation.