Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
CHF 62'920
Direct Federal Tax
- CHF 524
Cantonal tax
- CHF 3'184
Communal tax
- CHF 3'022
Personal Tax
- CHF 24
Contributions to OASI, DI, APG
- CHF 3'335
Unemployment insurance
- CHF 692
Non-occupational Accident Insurance
- CHF 252
Pension fund contributions
- CHF 1'891
Total tax
- CHF 12'924
Net pay
* CHF 49'996
Marginal tax rate
32.4%
Average tax rate
20.5%
79.5%
Net pay
20.5%
Total tax
Total tax
Net pay
Summary
If you make CHF 62'920 a year living in the region of Valais, Switzerland, you will be taxed CHF 12'924. That means that your net pay will be CHF 49'996 per year, or CHF 4'166 per month. Your average tax rate is 20.5% and your marginal tax rate is 32.4%. 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 32.44, hence, your net pay will only increase by CHF 67.56.
Bonus Example
A CHF 1'000 bonus will generate an extra CHF 676 of net incomes. A CHF 5'000 bonus will generate an extra CHF 3'378 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.