I completely relate. We have a struggling business (in Germany), so the husband has no income - just outgoings. I work erratically as I am a contractor - so no 13th month salary for me. I am still paying off 2004 taxes, with a big chunk every month. Makes it impossible to save for 2005 (we have extensions, it is yet to be filed) and 2006 taxes.
*sigh*
I am so screwed right along with you.
Oh - and if you decide to leave the country? You'll have to pay whatever taxes you owe (both outstanding as well as current year) before you're allowed to de-register.
in your original message #1 you raise money coming in and out -
could you enlighten as to why this leads to complexities. What level of documentation is required? Does this relate to the payment of wealth tax on these monies? And if so, at what point in the year is the wealth snapshot, or is there an averaging going on.
We need to find an inexpensive accountant to do a tax return (or keep the tax authority at bay) this year. We used someone here in Basel for the last return, and while he was quite good his fee was quite steep (about 400 CHF for one return).
Does anyone have an accountant that's inexpensive and they trust in Basel? English speaking is a definite bonus, but not a must.
Ours isn't totally straightforward - we had medical expenses that are at the level of being a write off (yay for bad teeth?) and my husband has a business in Germany which we invested money into (and his German business tax return still isn't done). And they want the return done by year-end, after several extensions (held up by the German return). That's why we're looking for an accountant ASAP that we can visit. But I might just re-think that, based on both the cost you paid and ours (which was truly a straightforward return). I also thought you needed to use someone local, since it gets filed with your local authority.
The longer I'm here, the more I realize I don't know....
Glad to hear things got sorted out. The tax authorities are often a bit random. Like they forgot to send me a bill one year and since I only work 40% and can't really save money, I spent the money I had set aside on medical bills and things like that. Biiig mistake, suddenly I was told I owe "Vater Staat" a grand. Doesn't sound like much but on my salary, it's a fortune.
But as was said before, it should not be much more than 25%, unless you are earning the kind of salary where you can easily spare a third and still have more than most people to play with, like dentists.
yeah, it was a mixup b/c he moved from Chur and also did a name change...so something got royally buggered in their system...I was surprised, it was a pretty painless conversation and didn't take 8 hrs to fix it. That was a first!
I can def. breathe a bit better knowing that THAT amount is NOT what we will be paying every year and actually, they owe US a nice chunk of cash.
Can anyone recommend an accountant ( Treuhand) in the Zug area for assisting me with a basic tax return?
Also, is it a bad idea to use an accountant that is based in a different canton from where you need to submit your tax return (e.g. would a Zurich accountant be well versed to handle a Zug tax return?)
Can I ask why you need a treuhand when you have easytax? Are you a "complicated" case with assets abroad you want to declare? The only real time you need a treuhand, apart from if you are old or have never done one before is when you have a business or are self employed in which case you will need a treuhand anyway to help optimise your business.
Surprisingly to the best of my knowledge Basel Stadt or Land only do the tax documentation in German.
To your first question no. To your second question: The tax returns of all cantons are based on Swiss law and not the law of the canton. The canton can set different things that can be offset and vary the amounts of the offsets etc. It can further decide for itself how to interpret your tax return but that is about it so a treuhand from one canton can help you complete a tax return for another canton only it might not be fully optimised. Oh I forget to add. ***Generally***, if the tax return has been completed by a treuhand then the tax authorities will simply accept it as they are going on the principle that it has been reviewed and completed by someone who knows what they are doing. If the treuhand is from another canton they are very likely to inspect it closely to make sure they are not filling in something according to "their" cantons rules.
Easytax is the electronic method of filling in the tax return. It prompts you to fill in boxes and has numerous tabs etc to fill in extra detail and then it produces a printout for the tax authorities. It also very usefully allows you to maintain and import last years data so you can see what you told the authorities in the previous year so that you can have some form of continuity which helps disguise statements that are not the whole truth . You can download it from the tax authority website or from Easytax itself which goes under hwis.ch. Note though that Baselstadt have their own version which is more or less identical called Baltax I think.
This is a long shot, but does anyone have a German accountant located near Basel? We are looking to replace our business accountant (for our German registered business) as he is extremely high priced. English or German-only is OK.