All,
I would assume if you pay yourself a salary being an employee of your own GmbH/Limited Liability company, hence doing 2pillar and OASI payments etc, you are also entitled to deduct all usual deductions from your income for tax declaration (i.e. meals, transport etc). Is this correct?
If so, if your office is near your domicile, do they still allow deductions as "Standard" or do the tax authorities assume you will walk?
Thank you
K
Within reason yes. But claiming say transport costs if your office is in the basement or two doors down will not fly. On the other hand if your office is in your house then you are on the company’s dime from the minute you step out side the front door. It also depends on your company’s agreement with the tax office.
I’m out of the world of work a few years now and am not current with the rules. I was on site three or four days a week and my agreement was no income tax claims for travel and subsistence but all expenses allowed through the company with a random audit of expenses, which they did only once.
The most interesting part of the one man company is the pension fund as the company could pay it forward for any number of years against current taxes. And the last employee of the company gets whatever is left in the pension fund when the company is dissolved - in other words the lot goes to you.
Having a Gmbh and being a sole employee does give you some degree of flexibility as to the most efficient way of incurring expenses, it's only when you get to net incomes of Chf150k+ that it is worth really fine tuning this. In general terms, it is better for the company to pay for as many expenses as possible and for you to take a lower salary from the company, we have a good accountant who balances this every year. Transportation is a good area to add to your lifestyle while being tax efficient but ideally you have an office away from home and do client visits to justify what you are claiming. I have a pickup for my work which is 100% tax deducible (if I had a SUV then 10 to 25% must go on your personal tax), my workshop is 2kms from my house via a wanderweg so being a "green company" it has bought me a new EMTB to ride to work and my pickup has every option so is very comfortable for family holidays!
Yep aware of all that and all good on that end. Just not sure what I can deduct in personal taxes if its the same as "normal" employment as this is a standard or if the tax office could say "well you cannot deduct meals as you can cook at home" for example.
it should be standard as normal employment.
Which means that
is an actual option, just like for normal employment.
The deduction is called: "Mehrkosten auswärtige Verpflegung". Extra costs for meals out of home, if you have the option to go home and cook yourself there is no necessary extra costs.
Same for commuting. If your work place is in the same building you could hardly even deduct a bike.