Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
CHF 590
Personal Tax
- CHF 35
Contributions to OASI, DI, APG
- CHF 31.45
Unemployment insurance
- CHF 6.85
Non-occupational Accident Insurance
- CHF 2
Total tax
- CHF 75.30
Net pay
* CHF 515
Marginal tax rate
6.6%
Average tax rate
12.8%
87.2%
Net pay
12.8%
Total tax
Total tax
Net pay
The Taxberg
CHF 515
Net pay
CHF 90.43
Tax the employer pays
CHF 75.30
Tax you pay
Total tax paid
CHF 166
Did you know your employer also pays tax on your salary? It costs the employer CHF 90.43 to pay you CHF 590. In other words, every time you spend CHF 10 of your hard-earned money, CHF 2.81 goes to the government.
Real tax rate
24.4%
So, with you and the employer both paying tax, what used to be a 12.8% tax rate now rises to 24.4%, meaning your real tax rate is actually 11.6% higher than what it seemed at first.
Summary
If you make CHF 590 a year living in the region of Geneva, Switzerland, you will be taxed CHF 75.30. That means that your net pay will be CHF 515 per year, or CHF 42.89 per month. Your average tax rate is 12.8% and your marginal tax rate is 6.6%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of CHF 100 in your salary will be taxed CHF 6.55, hence, your net pay will only increase by CHF 93.45.
Bonus Example
A CHF 1'000 bonus will generate an extra CHF 935 of net incomes. A CHF 5'000 bonus will generate an extra CHF 4'673 of net incomes.
NOTE* Withholding is calculated based on the Geneva tables of Switzerland, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.