Understanding available tax deductions can significantly reduce your tax burden. Here are the most common deductions available to Swiss taxpayers.
Professional Expenses
Work-related deductions
Includes:
Transportation costs to work
Professional development
Work meals
Home office expenses
Work equipment
Pension Contributions
Retirement savings deductions
Includes:
Pillar 2 contributions
Pillar 3a contributions
Pension fund buy-ins
Early withdrawal repayments
Health Expenses
Medical cost deductions
Includes:
Out-of-pocket medical expenses
Dental costs
Prescription medications
Health insurance deductibles
Long-term care costs
Family Deductions
Child and family-related deductions
Includes:
Child deductions
Childcare expenses
Education costs
Alimony payments
Support for dependents
Charitable Donations
Donation deductions
Includes:
Donations to Swiss charities
Political party contributions
Cultural and scientific donations
Environmental organizations
Property Deductions
Real estate related deductions
Includes:
Mortgage interest
Property maintenance
Energy-saving renovations
Property management fees
Property insurance
Important Note
Deduction rules vary by canton and may change annually. Always consult the latest cantonal tax guidelines or a tax professional for specific advice related to your situation.