Can I, as a cross-border commuter, also benefit from tax advantages in my country of residence?
December 29, 2022 | 50,00 EUR | answered by Selma Rosenblatt
Dear tax consultancy,
my name is Emma Becker and I am a cross-border worker who works in Germany and lives in Switzerland. In recent years, I have been studying the topic of taxes intensively and have come across information stating that cross-border workers can also take advantage of tax benefits in their country of residence.
Currently, I pay my income tax in Germany and I am unsure if it is possible to also benefit from tax advantages in Switzerland. I am worried that I may be giving away money by not taking advantage of all possible tax savings.
Therefore, I would like to know if there are opportunities for cross-border workers like me to also benefit from tax advantages in my country of residence. Are there specific regulations or tax benefits that I, as a cross-border worker, can take advantage of? How can I ensure that I take full advantage of all opportunities to minimize my tax burden?
I would greatly appreciate your support and guidance on this matter.
Sincerely,
Emma Becker
Dear Mrs. Becker,
Thank you for your inquiry regarding the tax benefits for cross-border commuters like you, who work in Germany and live in Switzerland. It is indeed possible to take advantage of tax benefits in your country of residence to minimize your tax burden and potentially save money.
As a cross-border commuter, you generally have the right to claim certain tax advantages in your country of residence. In Switzerland, for example, there are special regulations for cross-border commuters to take into account their tax situation. This includes the ability to claim certain deductions, such as transportation costs, costs for maintaining a second household, or childcare expenses.
It is important that you familiarize yourself with the tax regulations in both Germany and Switzerland to ensure that you are taking full advantage of all possible tax benefits. Therefore, it is recommended to consult with an experienced tax advisor who is knowledgeable in this area and can assist you in optimizing your tax situation.
To ensure that you are maximizing all opportunities to minimize your tax burden, it is advisable to conduct a detailed analysis of your tax situation and make any necessary adjustments. A tax advisor can help you optimize your tax situation and provide you with tips and advice on how to reduce your tax burden.
I am available for a personal consultation to analyze your individual situation and provide you with specific recommendations on how you, as a cross-border commuter, can optimize your tax situation.
Best regards,
Selma Rosenblatt
Tax Advisor
