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Private use of the business vehicle will now be taxable with a flat rate

The Swiss Federal Tax Administration decides on a long overdue administrative simplification: 

 

As of January 1, 2022, the salary component for the private use of business vehicles will be increased to 0.9%/month, which will also cover the transportation costs to the working place and accordingly eliminate the add-back of the way to work (in connection with “FABI”) as well as the obligation to declare the proportion of external work. The cantons can adopt this amendment to the ordinance voluntarily and will probably do so for the most part in the interest of a harmonized salary statement.

 

Read the official press release of the Federal Tax Administration here. (German only)

 

For any further questions or advice please contact Cornelia Hager, Head of Private Tax Clients, hager@fineac.ch or Remo Merz, Head of Corporate Tax, merz@fineac.ch.

 

 

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Keywords: tax, ESTV, flat rate