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The expense regulations create clear guidelines for handling expense expenditures and reduce accounting effort. It must be approved by the cantonal tax office to exclude hidden wage payments.

Bonds are fixed-income securities that serve as a debt investment. They offer fixed interest rates and terms, but vary in price due to market changes.

Rising property prices make it difficult to acquire homes, but the pension fund's pre-emption option allows for the use of retirement funds for this purpose. The funds can be used for purchase, mortgage repayment, and renovations, but must be repaid under certain conditions.

The withholding tax is deducted directly from the wages of foreign workers without a residence permit and varies depending on the canton. Employers are responsible for the correct payment of this tax to the competent tax office.

Factoring is a form of financing where companies sell their receivables to a factoring company to obtain immediate liquidity. It is especially helpful for companies in growth, with long payment terms, or in crisis.

Starting on September 1, 2023, a new data protection law will come into effect in Switzerland, which improves the protection of personal data and considers adjustments to technological developments. The law also strengthens the economic location by increasing compatibility with EU law.

The value-added tax rates in Switzerland will increase from 01.01.2024, making everyday products and services slightly more expensive. Companies must adjust their accounting systems and pay attention to the timing of service provision.

Hidden reserves arise from the undervaluation of assets or the overvaluation of liabilities, thus concealing equity. They reduce the reported profit and can be tax-advantageous.

Employers often offer taxable employee discounts on their products/services. Taxation is based on the laws and amounts to discounts over CHF 2,300.