VAT increase 2024
The VAT contributions will be increased as of January 1, 2024. These are already available in KLARA and are already being applied for performance periods in 2024.
Do not forget to connect the cash register online before your first sale in the new year, in order to update prices and new VAT rates.
If you use the balance tax rate methodology, enter the new balance tax rate (1 and/or 2) that applies to your company for services from January 1, 2024, at the latest now.
Insurance data for non-compulsory insurances 2024
You may have received adjustments from your insurance company for 2024. In this case, the new values must be changed before January calculation are done.
All of these adjustments should only be done after the December closing but before the January settlement.
AHV (OASI) 21 comes into force
The first part of the OASI reform (AHV 21) will become effective on January 1, 2024. The entry in force of the OASI reform brings a new wording for all social insurance schemes, in which the “ordinary retirement (entry) age” is now called the “reference age.”
In addition to the new term “reference age,” AHV 21 entails following changes:
- Increase in the VAT rate by 0.4%
- Greater flexibility in the reference age; partial retirement is now also possible
- Employees of reference age can supplement their pension (up to age 70) with the contributions paid from then on.
- Choice of whether the allowance should be waived
- Helplessness allowance for OASI: Waiting period now only 6 months
The reference age for women will only be raised starting from 2025. For women born in 1960, the reference age is still 64 years. For women born in 1961 it is 64¼ years, for those born in 1962 it is 64½ years and for those born in 1963 it is 64¾ years. From those born in 1964, i.e. the year 2029, the reference age of 65 applies to women and men.
Continue working after reaching the reference age
Anyone who works beyond the statutory reference age has (as usual) an allowance of 1’400 CHF per month and per employment relationship. OASI/DI/IC contributions must be paid from the excess earned income, but not those into the UI (ALV). Employees of retirement age are no longer insured under the UI (ALV) and are also not required to pay contributions.
The deduction of the allowance can now be waived. The report to the employer (or, for self-employed people, to their compensation fund) must be made before the reference age is reached, or at the beginning of the calendar year. The cancellation of the allowance can be cancelled later if desired, but here too the following applies: always at the beginning of the calendar year.
OASI (AHV)-Insurance data
Deductions and limits will not change for 2024.
OASI 8.70%
DI 1.40%
IC 0.50%
Total OASI/DI/IC 10.60%
Contribution liability: From January 1, after reaching the age of 17 years
Employee contribution (half each of OASI, DI, IC contributions) 5.30%
OASI/DI/IC minimum contribution (obligatory from January 1, after reaching
the age of 20 years) 514.00
OASI/DI/IC maximum contribution 25'700.00
Allowances for social security contributions
For retired persons (per year and per employment relationship) 16’800.00
for marginal wages (excluding domestic service work) 2'300.00
Attention: AHV 21
The deduction of the allowance can now be waived. The report to the employer (or, for self-employed people, to their compensation fund) must be made before the reference age is reached, otherwise at the beginning of the calendar year. The cancellation of the allowance can be repealed later if desired, but here too the following applies: always at the beginning of the calendar year.
By law, these values are always divided equally between employers and employees, that is the reason why this information cannot be changed. However, it may be that your compensation fund has adjusted their administrative costs and contribution rates. If these need to be changed, adjust the contribution rate accordingly in the menu item Company / Insurance / OASI compensation fund.
This appears almost as follows:
Image 7: Adjust OASI contribution rate and administration costs according to the details provided by your fund
UI (ALV) Insurance data
Deductions and limits will not change for 2024.
UI contribution up to annual salary CHF 148‘200.00 2.20 %
Employee's contribution half of the UI contributions
Employed persons of normal retirement age do not pay UI contributions
Since 2023, there has been no solidarity contribution for salary components over 148’200.00
Family allowances FamZG
In some cantons there will be a small increase in child and education allowances in 2024. There may also be adjustments in financing. At the end of the year, the Federal Social Insurance Office (FSIO) will publish the “types and approaches to family allowances” that will apply from January 1, 2024.
The changed values are shown in “bold” in the table. The contribution rates in different cantons.
If the child allowance for your canton of work (place of employment principle) has changed, you must adjust it for each affected child.
If the contribution rate for your work canton has changed, you must adjust this accordingly in the tab Company / Insurance / Family Compensation Fund. This appears almost as follows:
Illustration 8: Definition of family allowances compensation fund
Depending on the family compensation fund, the contribution percentage may differ from the cantonal information. Usually you will be informed in writing by your family compensation fund.
Pension fund OP (BVG)- 2nd pillar:
To your information - cannot currently be displayed in KLARA.
Minimum annual wage OP (entry threshold) 22‘050.00
Maximum allowable annual salary (before deduction of coordination deduction) 88‘200.00
Coordination deduction 25‘725.00
Maximum insured annual salary (after deduction of coordination deduction) 62‘475.00
Minimum insured salary 3‘675.00
Statutory minimum interest rate OP 1.25%
Contribution liability OP
Risk: from January 1, after reaching the age of 17 years
Age: from January 1, after reaching the age of 24 years (2024: born in 1999)
Please consult the pension fund regulations, as these may differ from the statutory terms of reference.
Accident insurance AI
Maximum insurable salary remains 148’200.00
If the insurance company changes or the amount rates changes, check this and add the information in the menu item Company / Insurance / Accident insurance AI. You will get the corresponding contribution rates from your insurance company or you can find them on the policy. It is advisable to request an EWR profile from your insurance company.
Here you can also choose who pays the insurance premium. Where the law prescribes it, a selection is of course not possible.
The screen appears almost as follows:
Illustration 9: Definition of accident insurance
Supplementary accident insurance (UV) and daily sickness benefit insurance
The premium rates vary depending on the insurance contract
Inquire the insurance company or find it on the new policy (it is advisable to request an EWR profile from the insurance company)
Changes to the withholding tax rates in 2024
The new withholding tax tariffs for 2024 will be published on the FTA website. KLARA will continuously upload these new tariffs into the system. As soon as you calculate an employee for 2024, they will be automatically taken into account. You do not have to do anything else.
Changes to fund contributions, solidarity contributions
Ask your compensation fund or your collective employment agreement (CEA) whether the rates will be adjusted for 2024
Year-end tasks/electronic wage report 2023
All year-end tasks for 2023 including preparations and electronic postings are documented in our FAQ:
https://support.klara.ch/hc/en-us/articles/360010914040-Electronic-wage-report-EWR-
If you have any questions, KLARA Support will be happy to help you!
Best regards,
Your KLARA team