Call it “dirty money” if you wish, because there’s about CHF 3 million in gold and silver found each year in Swiss sewage. But no one is going to get rich, according to a just-published report by the Swiss Federal Institute of Aquatic Science and Technology (Eawag). Recovering the estimated CHF 1.5 million in gold, […]
Talk of cutting Swiss pensions paid to foreign residents
Le Matin. According to Le Matin, Jean-Luc Addor, a parliamentarian and member of the Swiss People’s Party (UDC/SVP), wants to know what savings could be made if pensions paid to those abroad were adjusted for living costs in those countries. According to the newspaper, after the rejection of the vote to reform Swiss pensions, Addor […]
Aging population explains only a small part of rising Swiss healthcare costs
There are many reasons why Swiss healthcare costs continue to climb. One, often cited, is changing demographics, jargon for more older people. But how much of an impact is this having? A set of figures for 2014, estimate that the share of health spending on the 28.5% of the population over 60, was 60.7% of […]
Swiss 2018 health premiums unveiled. Brace yourself.
Yesterday, the Swiss government released health insurance premiums for 2018. There are price hikes across the board, particularly in French-speaking Switzerland. Next year, the price of standard compulsory insurance for an adult with a CHF 300 deductible will rise 4% on average. The cost varies by canton. Prices rises range from 1.6% to 6.4%. Health […]
Swiss police issue WhatsApp message fine
20 Minutes. After noticing a roadside police check, a resident of the canton of St Gallen sent a message to a WhatsApp group warning of the check. Not long after he received a nasty surprise. Speaking to the newspaper 20 Minuten, the man said: “Me and several others received a penalty notice this week. I […]
Survey offers clues to why Swiss rejected last Sunday’s pension reform
A survey by Tamedia offers clues to why 52.7% of Swiss voters rejected the pension reform plan that was put to a vote last Sunday. 20% of those voting “no” thought it was a pseudo reform that didn’t go far enough, while 26% felt it left too much of a burden on younger taxpayers. In […]
Swiss want TV tax cut by half, according to survey
Some who move to Switzerland might not be aware that they are almost certainly required to pay one of the world’s highest broadcasting fees. An annual Swiss licence costs CHF 451.10 per household. A successful vote in 2015 changed the rules on who must pay the fee. From 2019, it will be compulsory for anyone with a […]
Illegal workers cost Swiss social security 320 million, according to estimate
Many people employed in Swiss homes are undeclared. According to one estimate the amount of unpaid social security taxes on the total paid to these people could be as high as CHF 320 million a year. Quitt.ch, a company that helps people with the administration around employing home help, reckons between 200,000 and 250,000 of […]
Swiss mobile roaming charges – a glimmer of hope
Switzerland’s federal council, the country’s seven-person executive or cabinet, has come up with a plan to cut those exorbitant mobile roaming phone bills that many of us return home to after trips abroad, an experience which hurts even more now roaming charges have been eliminated for EU residents. The roaming proposal is part of a […]
A Swiss parliamentary commission wants to get rid of imputed rent
20 Minutes. In Switzerland, home owners have to add a theoretical rent to their taxable income. This means home ownership can increase your annual tax bill, sometimes substantially. For many home owners the tax effect of the theoretical or imputed rent is cancelled out by deductions for mortgage interest and home maintenance expenses, however those […]
