- BenutzernameMoneyland User Questions
- Status Member
- Registriert seit1/27/17
- Beiträge2142
Can I get tax deductions for debt in Switzerland?
Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
Can I get tax deductions for debt in Switzerland?
Greetings,
You can deduct interest charged on your debt during the tax year from your taxable income, but you cannot deduct the debt itself.
Interest paid for personal loans, credit card debt and mortgages is tax deductible. Leasing costs are not.
Deductions are capped at a maximum of 50,000 Swiss francs plus capital gains.
Best regards from Moneyguru