Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
CHF 120'120
Direct Federal Tax
- CHF 3'055
Cantonal tax
- CHF 6'436
Communal tax
- CHF 8'501
Contributions to OASI, DI, APG
- CHF 6'366
Unemployment insurance
- CHF 1'321
Non-occupational Accident Insurance
- CHF 480
Pension fund contributions
- CHF 4'240
Total tax
- CHF 30'400
Net pay
* CHF 89'720
Marginal tax rate
34.2%
Average tax rate
25.3%
74.7%
Net pay
25.3%
Total tax
Total tax
Net pay
Summary
If you make CHF 120'120 a year living in the region of Thurgau, Switzerland, you will be taxed CHF 30'400. That means that your net pay will be CHF 89'720 per year, or CHF 7'477 per month. Your average tax rate is 25.3% and your marginal tax rate is 34.2%. 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 34.24, hence, your net pay will only increase by CHF 65.76.
Bonus Example
A CHF 1'000 bonus will generate an extra CHF 658 of net incomes. A CHF 5'000 bonus will generate an extra CHF 3'288 of net incomes.
NOTE* Withholding is calculated based on the Thurgau 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.