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Tag Archives: Editor’s Choice

Swiss households to get partial TV licence refund

Following a recently published decision by the Federal Tribunal, Switzerland’s highest court, VAT charged on Switzerland’s radio and TV licence from 2010 to 2015 will be refunded to all those who paid the fee over this period. © Radovan Smokon | Dreamstime.com The Federal Department of Communications (DETEC) has begun the process of coming up with the legal mechanics for the refund, which will be returned to households via a credit to a future licence bill. In April 2015, after the court...

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Plans for Swiss paternity leave being discussed

A government commission has come out in favour of paid paternity leave and has until 2 March 2019 to discuss a plan to offer new fathers two weeks of paid leave, according to RTS. © Pojoslaw | Dreamstime.com The aim is to come up with a compromise between the 20 days in a referendum being put to voters at some point in the future, and the Federal Council’s rejection of any paid paternity leave. The commission said it is important to encourage changes that allow parents to share family...

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Minimum return on Swiss pensions unchanged

A government commission looking at the rate, called for a reduction to 0.75%, while unions demanded a rise to 1.25%. In the end the Federal Council decided to take the middle road and leave the rate at 1% for 2019. © Andrey Popov | Dreamstime.com The rate is the minimum pension funds must apply to employment related 2nd pillar pension assets in 2019. Some pension funds are concerned about the long term effect imposed rates of return are having on the financial health of pension fund balance...

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Children as young as 11 can be held responsible for phone debts at Swisscom

Before the advent of mobile phones few children had phone contracts. Now, many young children have them. So what happens when payments are missed? © Sebnem Ragiboglu | Dreamstime.com If the contract is with Swisscom, then children as young as 11 could have debt collectors pursuing them, according to a case reported by RTS. According to RTS, a 22 year-old woman ran into trouble renting a home after discovering she had a debt registered against her. When she was 13 her mother entered into a...

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Switzerland’s rising rate of farm suicide

The high and rising suicide rate among Switzerland’s male farmers stands in contrast to the declining rate among rural men working in other professions, according to a new study by the University of Bern published by the newspaper SonntagsZeitung. © Leonid Eremeychuk | Dreamstime.com The suicide rate among male farmers was 38 per 100,000, a rate that has been rising since 2003. Between 1991 and 2014, 447 farmers in Switzerland took their lives. The rate among all rural men was 33 per 100,000...

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New Swiss broadcasting fee starts next year

© Scyther5 | Dreamstime.com After a referendum in March 2018 threatened to axe Switzerland’s costly broadcasting fee, the government put forward a counter proposal, which was adopted when 71.6% of voters voted to keep the fee. On 1 January 2019, the lower fee contained in the government’s plan will come into force. Next year, instead of CHF 451, each household will need to cough up CHF 365. Virtually every household...

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New Swiss broadcasting fee starts next year

After a referendum in March 2018 threatened to axe Switzerland’s costly broadcasting fee, the government put forward a counter proposal, which was adopted when 71.6% of voters voted to keep the fee. © Scyther5 | Dreamstime.com On 1 January 2019, the lower fee contained in the government’s plan will come into force. Next year, instead of CHF 451, each household will need to cough up CHF 365. Virtually every household must pay the fee. The range of possibilities for opting out is very narrow....

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Geneva aims for a new company tax rate of 13.79%

According to bilan.ch, Geneva’s Council of State, or executive, has put forward a proposed corporate tax rate of 13.79% as part of its tax reform project, work triggered by international pressure on Switzerland and its cantons to remove preferential tax treatment for certain international companies. © Sam74100 | Dreamstime.com This rate is the same as the rate already accepted by the government and voters in the canton of Vaud. The new lower rate would apply to all companies operating in...

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How to run a Swiss business – a guide to 7 essential tasks

Once a business is established, there are many ongoing administrative tasks required by law. The main ones are covered in this article. © Lightpoet | Dreamstime.com The first few relate to employees and the rest to taxation and other essential administrative tasks. 1. Social insurance taxes Businesses that employ people, including independents, must pay social insurance taxes. These are administered by compensation funds and rates vary slightly by fund and canton, but are around 15% of...

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Investigating suspected welfare cheats – where to draw the line

On 25 November 2018, Swiss will vote on whether to accept laws allowing detectives to uncover welfare fraud. ©-Dan-Grytsku-_-Dreamstime.com_ - Click to enlarge Currently, there is nothing specific in Swiss law covering the practice. In the past, investigators have been used to gather evidence on disability and accident beneficiaries. Between 2009 and 2016, detectives were used on around 220 investigations a year, of...

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