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 […]
40% would struggle if Swiss health insurance premiums rose, says survey
A survey by price comparison site comparis.ch found 40% would struggle if Swiss health insurance premiums rose significantly in 2018. The survey questioned 700 people across all of Switzerland. 20% of families said they couldn’t cope with a rise of CHF 10 a month and 13% said they couldn’t cope with a CHF 20 monthly […]
Higher Swiss health premiums for those with high deductibles challenged by commission
In June 2017, Switzerland’s Federal Council announced plans to reduce the discounts offered to those willing to risk paying the first chunk of their annual medical bills. The plan included reducing the maximum premium discounts given for opting for deductibles, the amount paid by the insured before insurance kicks in. On Tuesday, according to 20 […]
Swiss franc slides 4 percent in one week
On 24 July 2017, the Swiss franc was 1.101 to the euro. One week later on 31 July 2017 it was 1.145, according to Bloomberg. Over the month it dropped from 1.095 to 1.145, a drop Reuters described as the biggest monthly drop in six years. The Swiss National Bank (SNB) has been working hard to […]
Swiss government to take aim at high Swiss prices
20 Minuten. Switzerland’s Federal Council wants to introduce new measures to lower prices in Switzerland to curb cross-border shopping, something that it says hurts Swiss businesses. Minister for Economic Affairs, Johann Schneider-Ammann, said in an interview with the newspaper Schweiz am Wochenende that he’s working on a package of measures to tackle high retail prices in Switzerland. He thinks […]
