Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
CHF 24'700
Direct Federal Tax
- CHF 35.72
Cantonal tax
- CHF 220
Communal tax
- CHF 231
Personal Tax
- CHF 24
Contributions to OASI, DI, APG
- CHF 1'309
Unemployment insurance
- CHF 272
Non-occupational Accident Insurance
- CHF 98.80
Pension fund contributions
- CHF 168
Total tax
- CHF 2'359
Net pay
* CHF 22'341
Marginal tax rate
16.9%
Average tax rate
9.6%
90.4%
Net pay
9.6%
Total tax
Total tax
Net pay
Summary
If you make CHF 24'700 a year living in the region of Valais, Switzerland, you will be taxed CHF 2'359. That means that your net pay will be CHF 22'341 per year, or CHF 1'862 per month. Your average tax rate is 9.6% and your marginal tax rate is 16.9%. 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 16.90, hence, your net pay will only increase by CHF 83.10.
Bonus Example
A CHF 1'000 bonus will generate an extra CHF 831 of net incomes. A CHF 5'000 bonus will generate an extra CHF 4'155 of net incomes.
NOTE* Withholding is calculated based on the Valais 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.