Coffee & Consulting - PAYDAY ~ RISKDAY?

Payroll for foreign

Payroll for foreign (local) employees Assumption: • Local employment with the Swiss employer • Work location in Switzerland • Residence in Switzerland in CHF Zurich (ZH) Basis Employee Base salary 8000 per month x 12 8000 Additional benefit Child allowance 0.00 0 Total gross salary 8000 AHV/IV/EO 5.300% 8000 424 Unemploymentinsurance 1.10% 8000 88 Add: unemployment insurance 0.50% 0 0 Pension fund estimate 5.00% 8000 400 Accident insurance prof estimate 1.00% 8000 0 Accident insurance non-prof estimate 1.00% 8000 40 Accident insurance add estimate 0.00% 8000 0 Accident insurance add estimate 0.00% 0 0 Daily sickness insurance estimate 1.00% 8000 0 Administrative charge 2% 848 0 Family allowance estimate 1.70% 8000 0 Family allowance estimate 0.000% 8000 0 Income tax single, no church, 1 child 9.74% 779 = Net salary per year 6269 PAYDAY ~ RISKDAY? J u l y 5 , 2021 COPYRIGHT © CONVINUS 5

Payroll for foreign (local) employees Local employee (B- or L-permit) Local employee (C-permit) Internship (Notification / 4 months permit) • Payroll: Switzerland • Swiss compensation • Deduction of Swiss social security contributions • Deduction of Swiss tax at source • Payroll: Switzerland • Swiss compensation • Deduction of Swiss social security contributions • Payroll: Switzerland • Swiss compensation • Deduction of Swiss social security contributions • Deduction of Swiss tax at source NOTE • Correct calculation of tax at source / tax tarrif PAYDAY ~ RISKDAY? J u l y 5 , 2021 COPYRIGHT © CONVINUS 6