this massive change scares me, I'm bit stalling and waiting for other offer to come through hopefully today. I like London and I'd rather stay here for quality of life and certain comforts I got used to (like daily commute in crowded tube).
However lack of offer means - Zurich here I come....
UK is losing great talent because of IR35 ;-)
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Reply to: Swiss dilemma
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Previously on "Swiss dilemma"
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Originally posted by Old Greg View PostI like your anecdote. My experience of Denmark is that the Danes will gasp audibly, look around to make sure nobody is watching and then join you crossing the road with a cheeky smirk.
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Originally posted by lecyclist View PostWould just like to agree with the other posters regarding Zurich as a place to live. The lifestyle is fantastic. Andermatt, Gotthard Pass (think Tour of Switzerland, and one of the most spectacular cycling / motorbiking routes in the world), Interlaken are all around 1.5 - 2 hours away. Ideally you would be on 1000CHF+ per day, but any rate in CHF is mitigated by the weak GBP for the foreseeable future.
Either Zurich or the "Socialist Republic of Geneva" are probably 2 of my favourite places to consider living if money is no object.
I'll leave you with an anecdote that makes me smile, that sums up the difference between Germans and Swiss.
In Germany, many people stand patiently by the side of the road and wait for the green man before crossing. If you attempt to cross, someone will 'tut' or stare disapprovingly at you.
In Switzerland, someone will physically pull you back, because they will assume you were not watching the lights.
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Would just like to agree with the other posters regarding Zurich as a place to live. The lifestyle is fantastic. Andermatt, Gotthard Pass (think Tour of Switzerland, and one of the most spectacular cycling / motorbiking routes in the world), Interlaken are all around 1.5 - 2 hours away. Ideally you would be on 1000CHF+ per day, but any rate in CHF is mitigated by the weak GBP for the foreseeable future.
Either Zurich or the "Socialist Republic of Geneva" are probably 2 of my favourite places to consider living if money is no object.
I'll leave you with an anecdote that makes me smile, that sums up the difference between Germans and Swiss.
In Germany, many people stand patiently by the side of the road and wait for the green man before crossing. If you attempt to cross, someone will 'tut' or stare disapprovingly at you.
In Switzerland, someone will physically pull you back, because they will assume you were not watching the lights.
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Originally posted by Andy2 View PostThe tax on contract income was 30%.
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Switzerland is a great place to live and work. I did a 6 months contract in zurich but then came back to UK because family was here in UK and i was getting knackered with weekly commute. I could move the family there but the schools are german medium so it was a deal breaker.
The tax on contract income was 30%. Zurich is expensive and you will get a studio flat only for 2000 CHF/month. Eating out is also expensive.
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Originally posted by GitMaster69 View PostHave you considered taking limited route blaster?
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Originally posted by GitMaster69 View PostHave you considered taking limited route blaster?
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Keep in mind that when they quote 850/day in Switzerland. that's before they take out all employee and employer-side taxes. It's not a huge amount, but it's not bad. It's a great place to live, and if you have young children, you'll love it - Switzerland is great for families.
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Originally posted by BlasterBates View PostMy general estimate was based on payroll (65-70% of gross)
Probably you'll be on payroll. Switzerland has a similar rule to IR35, which they enforce at the client, so some companies simply place all contractors through a payroll company.
I would start anyway on payroll, as it will be complicated trying to setup a company.
I would definitely do your own sums. It depends on many things. I just gave you a ballpark figure to start with. Cantonal tax can make a difference, e.g. commuting from Zug. Your age makes a difference as the amount you pay in to the pension goes up as you get older. I would get a quote from a payroll company.
Steuerrechner Schweiz - www.ch.ch
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Originally posted by GitMaster69 View PostUmbrella or via limited? is it possible for newstarter to force hand to go through limited route? I haven't asked yet...
Probably you'll be on payroll. Switzerland has a similar rule to IR35, which they enforce at the client, so some companies simply place all contractors through a payroll company.
I would start anyway on payroll, as it will be complicated trying to setup a company.
I would definitely do your own sums. It depends on many things. I just gave you a ballpark figure to start with. Cantonal tax can make a difference, e.g. commuting from Zug. Your age makes a difference as the amount you pay in to the pension goes up as you get older. I would get a quote from a payroll company.
Steuerrechner Schweiz - www.ch.ch
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Originally posted by BlasterBates View Post850 gives very roughly about CHF 12000 net Get a quote though because of your personal circumstances, holidays etc
You can check on https://www.homegate.ch/de for flats, for a family starting at CHF 3000 upwards.
check on Vergleichen und sparen – comparis.ch for medical insurance
This will cost you at least a few hundred because you have to insure the whole family. You need to get familiar with the options.
Once those costs are covered then it's generally more expensive than the UK but you can usually find an inexpensive option if you shop around.Last edited by GitMaster69; 28 August 2020, 13:36.
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850 gives very roughly about CHF 12000 net Get a quote though because of your personal circumstances, holidays etc
You can check on https://www.homegate.ch/de for flats, for a family starting at CHF 3000 upwards.
check on Vergleichen und sparen – comparis.ch for medical insurance
This will cost you at least a few hundred because you have to insure the whole family. You need to get familiar with the options.
Once those costs are covered then it's generally more expensive than the UK but you can usually find an inexpensive option if you shop around.
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Originally posted by GitMaster69 View PostMoney is not a problem , I'm relatively well off. I won't ask if it's worthwile , because if it wasn't, an estabilished contractor like yourself wouldn't do it.
reading on corporate taxes now.. thanks NAT
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Originally posted by NotAllThere View PostYou need to invest 20K in it (at least 10K of which must be cash), and it costs about 3K to set up.
reading on corporate taxes now.. thanks NAT
edit ... actually i'll ask... is it worthwile for 850pd 3 year gig?Last edited by GitMaster69; 28 August 2020, 10:34.
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