Link between final tax assessment and withholding tax

Ueli_Baumgartner

How do I calculate my final tax return if I pay withholding tax in Switzerland and earn more than CHF 1200 00? Will I have to pay additional tax after the final assessment? What is the role of the withholding tax?

Claudia2020

Ueli_Baumgartner The main purpose of withholding tax is to reduce the risk of non-payment or underpayment by taxpayers. It is considered as an advance payment on the taxpayer's final tax liability. Amounts withheld during the year are credited against the total tax liability determined in the final assessment.

Anton123

Hi, during the final tax assessment, the tax authority reconciles the total tax due with the amount of tax already withheld. If the withholding tax exceeds the final tax liability, the taxpayer may be entitled to a refund. Conversely, if the withholding tax is less than the final tax liability, the taxpayer will need to pay the difference.

Provisional tax amount: (canton + municipality) + (federal taxes)
Provisional taxes already paid by you: withholding tax
The provisional tax to be paid is the difference between or even you may be able to get a refund.

PizBuin

I am expecting to receive a CHF 3200 refund after the final tax return because my withholding taxes exceed the total tax amount. However, in some cases, individuals may need to pay an additional amount to cover the tax.