Very stringent legal provisions apply for the employer's annual salary declaration. Please bear the following in mind in order to avoid any unpleasant surprises:
1. Please adhere to the deadline for filing salary reports
The compensation office must receive your annual salary report by Thursday 30 January 2020. If this deadline expires and the contributions on account amount to less than the final contributions, default interest will be charged at a rate of 5% on the difference from 1 January following the end of the contribution year (in other words, retroactively from 1 January 2020).
2. Don't forget the 30-day payment deadline
The invoice of the compensation office (for subsequent payment of the differential amount between contributions on account and final contributions) must be settled within 30 days of the date of invoice. In the event of late payment, the statutory interest rate of 5% p.a will be charged from the 1 st day after invoicing. Please bear in mind that up to 3 working days may pass between the value date, the amount being debited to your account and receipt of payment by the compensation office.
The AHV (OASI – Old-age and Survivors' Insurance) statutory default interest regulations are binding for all compensation offices. Thank you for your understanding in this matter.