Living in Switzerland: the most important to think about
Upon graduation, a young German lady finds a position as a teacher in Switzerland. Shortly after moving to Switzerland and receiving her first paychecks, she comes to some realizations regarding finances and taxes. First, she is receiving a regular income for the first time in her life. Second, she is living away from home. Within a one-hour session,
I was able to explain to her the most important factors about the Swiss pension system, the relevant information about source taxes (Quellensteuer) and also provided her some recommendations on how she can save in the next few years for a later investment.
Be your own accountant and safe money
A housewife and mother of 2 children decided to make her hobby into a career and started a catering company. She delivers warm food to employees at their place of work. The company was doing well, so shortly thereafter, she turned the company into a Gmbh (limited liability company). In order to maintain the overview over her finances, she decided to manage the bookkeeping herself. The bookkeeping system, Banana, is easy for amateurs to also use.
Nevertheless, she had questions, such as about the double-accounting system and the taxation requirements of certain company expenses. In a 2-hour consultation I was able to clarify her questions so that she is now able to use Banana to generate the necessary documents, including a balance sheet, which are required for taxes.