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
Last year I took out a large loan from a friend at no interest. Because the loan was paid to my bank account, the money appears on the annual statement. How do I clarify this on my tax return? Does the money affect the taxes I pay?
Hi there,
Swiss tax returns include a section on which you can declare your debts. Your debts will not be counted as taxable assets for wealth tax purposes.
Note that although interest payments on loans are tax deductible, the actual debt repayments are not.
Taxes and tax laws vary between cantons, so if your debt situation is complex, you may want to consult a tax advisor or inquire at your local tax office.
Best regards from Moneyguru
More on this topic:
Personal Loans: Tax deductions for interest charges
How to get out of debt fast
Swiss Taxes: Using The Third Pillar To Save
Cheap bank accounts with card
Cheap bank accounts with card
UBS key4
50 KeyClub points as a welcome gift
Online private account with debit card
Radicant
High interest on your everyday account
Best exchange rates
Up to 1% of card spending as saveback in the investment portfolio
Yuh
No account fees
Banking partner: Swissquote & Postfinance
CHF 20 trading credit with code «YUHMONEYLAND»
Alpian
CHF 75 welcome bonus with referral code LAND25.
Favorable foreign exchange rates
Multi-currency account with Visa card (CHF, EUR, USD, GBP)
Deal of the Day 
Online private account
UBS key4
50 KeyClub points as a welcome gift
