Increase in maximum pillar 3a deductions in the 2023 tax year

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Employees with employee benefits insurance can pay a maximum of CHF 7,056 into pillar 3a in 2023. In the previous year, the payment limit was CHF 6,883. The amount paid in can be deducted from income in the 2023 tax return. Employed persons without employee benefits insurance may pay in a maximum of 20 percent of their net income; the maximum amount is CHF 35,280.