Tax declarations are fun

I got an email confirmation that they added the ISINs, but when I try to add, it is not yet updated on the BaselLand tax website.

Maybe it takes a day or two to update. I hoped it would be quicker given they already moved to a web-based software.

For those wanting to test, the first 5 added were:

  • SILEX SYS LTD: AU000000SLX4
  • Alphawave Semiconductors: GB00BNDRMJ14
  • Capital Gearing Trust Plc: GB0001738615
  • Smithson Investment Trust Plc: GB00BGJWTR88
  • ASP Isotopes: US00218A1051

I did most in November because I imagine they are quite busy now and probably they duplicate the data to each Kanton that offers electronic tax declaration. As said, they could save a lot of money and us a lot of trouble by doing it only once instead of 26 times…

At least the maintenance of securities is centralized.

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I received an email 7 days ago. Those etfs can be found in the ictax website but not in the zurich tax declaration site.

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I was thinking the same thing! Either give an API or a way to import a spreadsheet.

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Can you give some examples of ETFs added around Feb 5? I want to test if they are already on BL Tax yet to estimate how long it takes.

This is somewhat frustrating as for the first time, I’m getting my taxes done early on, but now being delayed by the software.

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VEA: ICTax - Income & Capital Taxes

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https://www.ictax.admin.ch/extern/en.html#/security/10712436/20241231

@nabalzbhf @alex_akis Thanks. Both of those are not showing the dividends so it seems the data is at least 12 days old. I guess I better add all the other ISINs into the database now…

Just fyi regarding the last few posts: You don’t need to ensure that ICtax is accurate and complete, that’s the authorities job. You can submit a tax declaration with the correct holdings, maybe make a comment that ICtax wasn’t up to date yet, and your tax authority will do the rest. In case they get something completely wrong you can always complain after getting their assessment (which they won’t finalize until ICtax says their entries for your holdings are final).

If I understood correctly a few years ago the jpy chf fx rate was off because there was an extra zero. It seems that it got corrected with the assessments.

Interestingly, a couple of the ones on my list started working yesterday including Smithson, but most are still not updated. I decided to enter the transaction data and fill the ISIN later.

i know is not a deduction but… does anyone know how to know the “Steuerwert Verkehrswert” for a property in Spain?

It depends on the canton. In ZH for example I think the guidelines is to use 70% of the purchase price (or fair market value if it’s significantly different) as the tax value, and then 4.25% / 3.5% (for apartments / single houses respectively) of the tax value as imputed rent. You can search online for your canton guidelines or worst case ask the tax office

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I ask myself the same question every year, and every year I forget and struggle.

In Vaud, there is a line “Autres cotisations contractuelles des employés” which references article 15 of the salary certificate.
Instead of being a simple number, there’s a list of things in annex under article 15, like “cotisations assurance accident non professionnel employeur”, “cotisations assurance accident non professionnel employé”, …

According to this page (Questions fréquentes | État de Vaud), PC Fam is not deductible, and “cotisation perte de gain en cas de maladie” is, I assume only the employee part of course.
But what about the rest like the accident one? I also have “Miete Parkplatz” (don’t ask me why this, and only this, is in German).

Is there some reference about what I am supposed to put in this “Autres cotisations contractuelles des employés” section?

Thanks!

By the way, at least in ZH many deductions are applied automatically, but the 500 flat for Aus- und Weiterbildungskosten almost get me every year.They are not copied from last year, like other entries, either. Cheeky.

I read this
Berufsorientierte Aus- und Weiterbildungskosten können nur noch effektiv geltend gemacht werden. Die bisherige Möglichkeit eines Pauschalabzugs unter den Berufsauslagen entfällt.

As far as I understood 500 CHF flat deduction is not available anymore in ZH. People need to provide proof . Right?

Last year it was added automatically. Starting from tax year 2024, only effective costs can be deducted.

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I asked ZHPRivateTax folks why there are ETFs that in their system do not have income data yet (and thus can’t be added automatically to DA1) if ICTax is showing the correct data and got the following: “ZHprivateTax is updated every few months, but we cannot give you an exact date for the next update. Until then, we recommend entering the security manually” :unamused:

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Maybe this isn’t clear to some people, but you can also simply extend the tax deadline.

Yeah but then it takes longer to get your refund :slight_smile:

(they process things in first-in-first-out, submitting in March usually gets you the refund in ~June)

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