Federal Direct Tax interest rate
Interest rates applicable to direct federal tax (IFD) can be divided into two main categories: interest on arrears and interest on arrears.
Interest income
Remunerative interest is the rate applied to amounts deposited with the tax authorities. After several years of zero rates (from 2020 to 2023), the interest rate increased in 2024 and 2025. It currently stands at 0.75% for 20251,25% in 2024.
- Year
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
Interest rate (%)
0.75
1.25
0.00
0.00
0.00
0.00
Interest on arrears and interest on amounts to be repaid
Interest on arrears applies to amounts owed by taxpayers in the event of late payment. The moratory interest rate has been gradually increased, rising from 3.0% in 2020 to 4.75% in 2024, before falling back slightly to 4.5% in 2025.
- Year
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
Interest on arrears (%)
4.5
4.75
4.0
4.0
3.0
3.0
Since January 1, 2022interest rates applicable to theIFD are set in accordance with the appendix to the ordinance of DFF on the rates of interest on arrears and interest on arrears in respect of duties, fees and taxes (RS 631.014).
Notional interest rate on equity capital
The notional interest rate on the equity is set according to thearticle 25abisParagraph 4 of the Law on the Harmonization of Direct Taxes of the Cantons and Municipalities (LHID). It is based on the ten-year yield on Swiss government bonds recorded at the end of the previous calendar year.
After a period of zero interest rates from 2020 to 2022, the notional interest rate was increased to reach 1.565% in 2023, before falling back to 0.656% in 2024. If the yield on Swiss government bonds is negative, the notional interest rate is set at 0%.
- Year
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
Notional interest rate (%)
0.656
1.565
0.00
0.00
0.00
0.00
Maximum deductions Pillar 3a
Tax deductions for tied individual pension plans (Pillar 3a) are determined on an annual basis and vary when the taxpayer has a second pillar (occupational benefits).
2nd Pillar taxpayers
Deductions for taxpayers with a 2nd pillar have been gradually increased. For 2025, the maximum deduction is CHF 7,258.
- Year
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
Maximum deduction (CHF)
7'258
7'056
7'056
6'883
6'883
6'826
Taxpayers without 2nd Pillar
For taxpayers without a 2nd pillar, the deduction limits are higher. In 2025, this amount rises to CHF 36,288.
- Year
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
Maximum deduction (CHF)
36'288
35'280
35'280
34'416
34'416
34'128¹
¹Source: Administration Fédérale des Contributions, Interest rates / Maximum deductions pillar 3a of the direct federal tax IFD. URL: https://www.estv.admin.ch/estv/fr/accueil/impot-federal-direct/baremes-fiscaux/taux-dinteret.html
