Long time not having wrote a post, but nothing really interesting happened, market is so volatile that we are hesitant to enter. anyway, we don’t have too much cash available as a big chunk of it is reserved to buy our apartment (Mortgage for our new apartment).
Right, so let’s come back to the purpose of this post, 2015 final tax declaration. If you follow us, you will see that last year was a very good year in term of revenues:
- I vested all the actions, I received 4 years ago form my company (16k CHF),
- my Incentive Compensation (Yes, Yes and Yes) was quite good
- I have been promoted (Functional move – Positive financial impact) and I received a relocation incentive
Therefore compare to 2014, our total revenue is significantly higher and I was started to be scared of how much, we would need to pay for the reconciliation our tax declaration. If you remember, we had a very surprise in December 2015 when the tax office declared that we paid to much tax in 2014 (around 15k- Christmas present before the 25th).
So today, I received from out tax guy a fairly good news, that he is expected that we need to pay 1715 CHF additional taxes.
So now we need to wait that the tax office compile and confirm our declaration and final payment.
In the next days, I will have some new posts as we are moving into the process our purchasing our apartment, so stay tuned.
Cheers and good weekend.