AWS Careers 2020

Welcome to AWS, Zurich

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Tax, pay & finances National Insurance: If you work for an employer in the EEA: You'll normally pay social security contributions in the EEA country you work in instead of National Insurance, this means: • You'll be covered by that country's social security laws and may be entitled to benefits there • Your entitlement to benefits in the UK (for example State Pension) may be affected as there'll be a gap in your National Insurance contributions • You may still get free or reduced cost medical treatment in the country where you're working. If your UK employer sends you to work in the EEA: You might be able to carry on paying National Insurance if you're abroad for up to 2 years. This means you won't have to pay social security contributions abroad. You'll need to get a 'Portable Document A1' as proof. You or your employer can check if you can get one by completing form CA3822. Opening a Bank Account: The documents required when opening a bank account in Switzerland will vary between banks, but will definitely include: • Proof of identity – a current passport • Proof of resident status – visa, residence or work permits as required • Proof of address – recent utility bills or official correspondence When you open a bank account you are likely to be assigned an individual account manager. If you need to communicate in English, let your bank know in advance to ensure they can assist you an English speaking contact. Major Swedish Banks: • UBS Group AG. • Credit Suisse Group AG. • Vontobel. • Pictet Group. • Lombard Odier. J. • Safra Sarasin. • Union Bancaire Privee Understanding your pay Tax laws in Switzerland require employers to withhold tax and social security contributions from employee wages. Swiss income taxes are levied at the federal, canton, and municipal levels, meaning taxation rates can vary significantly and payroll departments should ensure they understand the applicable regulations. • Generally, the progressive federal tax rate can range from 0%-11.5%, but with the application of cantonal and municipal taxes, the effective maximum, at the highest income threshold, is around 40%. • Social security rates also differ by canton, but employer and employee contributions are equal, and range from around 0.5% to 5%.

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