Education Deduction: Who Qualifies and What You Get
Learn how parents in Switzerland can claim a tax deduction to help cover the costs of their children's post-compulsory education.
This scheme allows parents to reduce their taxable income by claiming the costs associated with their children's ongoing education.
Who it's for
This scheme is specifically intended for parents who are providing financial support for their children as they move into higher levels of learning. It applies to those supporting children who have finished their compulsory schooling and are now pursuing post-compulsory education.
What you get
If you qualify, you can claim a deduction of 25,500 CHF per child, per year. This deduction helps lower your overall taxable income, which can reduce the total amount of tax you owe to the federal authorities.
What it costs you
There is no direct monetary fee to apply for this tax benefit. However, it does require your time and effort to gather the necessary paperwork. You will need to provide official proof of enrollment to demonstrate that your child is currently attending an educational institution.
The catch to know
The most important thing to keep in mind is the age and status requirement. This deduction does not apply to younger children in primary or secondary school; it only applies if the child is over the age of 18 and is actively involved in training or studies.
How to apply
- Confirm that your child is over 18 and currently enrolled in a recognized training or study program.
- Obtain official documentation from the educational institution that serves as proof of enrollment.
- Prepare your annual tax documentation to include these educational costs.
- Submit your completed tax return to the relevant tax authorities, ensuring you include the proof of enrollment for each child you are claiming.