New procedure for statements for Partners in Switzerland

From June, Partners with an invoicing address in Switzerland will receive two statement documents. The first one shows total points, the points factor and the exchange rate. The second document is issued by our cooperation partner sf treuhand and shows the final commission calculation (where commission for the year amounts to more than CHF 2,300, the commission incl. deductions is shown). Any voucher codes (me bonus or small commission amounts) will also be printed out in the second document.

The second document with the final commission calculation will be uploaded for the first time at the beginning of calendar week 29. This procedure of using two statement documents for RINGANA Partners with an invoicing address in Switzerland will be used from now on. Please note that now and in the future, there will be an interval of roughly one week between the uploading of the first and the second document.

All insurance contributions since January 2021 payable by RINGANA Partners will be deducted from commission payment retroactively to the tune of 50% with the July statement and 50% with the August statement. With effect from the September statement, monthly insurance contributions will be deducted from gross provision on an ongoing basis.

So that all arising social insurance contributions are clearly understandable, all final statement documents since January 2021 will be uploaded retrospectively. As soon as you exceed CHF 2,300, you will see in the respective statement document for the respective month that deductions have been made for the first time once the threshold has been exceeded. To understand how deductions are calculated, please add together all deductions since January 2021.