Switzerland abolishes the tax on imputed rent from one’s own home from January 1, 2029
The Federal Council has put the reform into force from January 1, 2029: the Eigenmietwert is abolished, mortgage interest is deductible only for the share of property that is let, and cantons may introduce a tax on second homes. Savings rates are unchanged: interest on the scale, the 35% withholding is credited, gains on securities and fund units 0%; the SNB rate is 0%.
What this changes in the calculation
Nothing yet; from 2029 the rental model deducts interest only for the let property.
- Source
- admin.ch
- Status
- verified
- Published