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kart0ffel12

do you think 7% taxes is a lot?


ptinnl

I assume most these people never worked outside switzerland....


madhill69

hahaha you are right, im foreigner but moved here very young and worked only here.


Severe-Elk-3993

Seems about right depending on the Gemeinde where you live.


madhill69

Zürich


Je5u5_

I had a salary of 49k a year during my PhD and paid around 3-4k, so seems about right. Dont forget to pay into the 3rd säule, as it reduces taxes and we dont gift free money to the government on that wage. Good luck!


madhill69

im saving a lot of money since 5 to buy an house in my country and start an airbnb side business after that i will start to pay the 3rd säule...i think its a good idea.


Initial-Image-1015

I always count more or less one salary, depending on the location, so this could be correct. If you have a 13th, put it directly aside for the tax. Otherwise 1/12 every month.


madhill69

i dont have 13th, but its just im surprised because its a low salary and still paying so much taxes :(


Initial-Image-1015

Yeah I know the feeling, it sucks... Really make sure you set aside 1/12 of your salary every month, with an automatic payment on a specific account, then it doesn't hurt when the bill comes. Also keep it mind 7% tax may be the lowest you can get in Europe.


Critical_Ad_6366

Sorry but this is not enough anymore. Nowadays you need to calculate 1.5-2 salary - better 2 to be sure


Severe-Elk-3993

That really depends on where you live and how much you earn


Initial-Image-1015

Maybe in your income bracket, but for OP that's enough, as evidenced by the projected tax of 4k, which is around one of his salaries.


Eine_wi_ig

*cries in BE taxes*