The rate applicable for 2026 is 29.4% on the portion of the taxable amount up to and including USD 53,198. On the portion of the taxable amount exceeding USD 53,198, a rate of 38.4% is levied.
It is important in this respect that the home mortgage interest deduction and the premiums for the descending life insurance in relation to an owner-occupied home cannot be deducted based on the rate of 38.4% but only based on the rate of 29.4%. The following rates apply for the national insurances in 2026:
|
General old age insurance (AOV) |
25% on a maximum of USD 38.390 |
|---|---|
|
General Widow and Orphan Act (AWW) |
1,3% on a maximum of USD 38.390 |
|
Employee contribution healthcare |
0,5% on a maximum of USD 38.390 |
The tax-free sum and the corresponding allowances may be considered when calculating the income tax, the old age pension, general widow and orphan act benefits, and the employee contribution to healthcare insurance. The following tax-free sum and allowances apply:
|
Tax-free sum |
USD 21.956 |
|---|---|
|
Elderly allowance |
USD 1.678 |
Rates preceding years 2021 to 2025
|
Year |
Increased income tax rate (35.4%) in case of a taxable sum greater than |
Maximum premium base |
Tax-free sum |
Elderly allowance |
|---|---|---|---|---|
|
2025 |
51.250 |
36.984 |
21.373 |
1.616 |
|
2024 |
322.769 |
36.082 |
20.424 |
1.577 |
|
2023 |
300.810 |
33.628 |
17.352 |
1.470 |
|
2022 |
281.921 |
31.517 |
12.198 |
1.378 |
|
2021 |
290.640 |
32.493 |
12.575 |
1.421 |