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Use your tax allowance to save taxes
Entrepreneur and self-employed people can shelter parts of their profits from tax by investing in selected securities or assets
The maximum tax allowance amounts to 15% of company profits. Up to a profit of 33,000 euros, the income tax allowance is recognised without an investment requirement. If your profit exceeds EUR 33,000, you can claim the tax allowance if you make appropriate investments, e.g. in eligible securities.
- Natural persons who derive income from business activities:
- Business income
- Self-employed income
- Income from agriculture and forestry
- In the case of partnerships (e.g. general or limited partnership), the partners can claim a tax allowance in the amount of their respective profit share.
- The profit goes to a natural person
- Business income
- The profit is established on the basis of a statement of revenues and expenditures or balancing of accounts
Taxpayers using a non-calendar fiscal year on their books can claim the tax allowance earlier. Please talk to your tax advisor.
Benefits and risks
Your benefits
- You do not pay any income tax on the invested tax allowance
- You can choose from a vast array of securities and also have the chance of your assets gaining in value
- You can build tax-sheltered reserves that you can use at your discretion after four years
- You benefit from the competence of the Austrian market leader in investment funds
Risks to be aware of
- Legal or statutory changes, if any, may affect your tax treatment
- The securities you invest in may be subject to price fluctuations due to changes in the market
- You may receive less capital back than you have invested (capital loss)
- Please note the fund-specific risk disclosure statements, which may differ between funds
Which funds are eligible for tax allowances?
The funds listed below qualify for the tax allowance pursuant to sect. 14 of the Austrian Income Tax Act (EStG). These funds comply with the statutory requirements for tax-deductible investments. After the mandated holding period of four years, you can sell them at your own discretion without subjecting yourself to subsequent taxation.
In addition to the funds listed below, ERSTE IMMOBILIENFONDS and ERSTE RESPONSIBLE IMMOBILIENFONDS are also eligible to be held as securities coverage for Austrian pension provision requirements. ERSTE LAUFZEITFONDS KMU 2028 and ERSTE LAUFZEITFONDS KMU 2029 are not available anymore.
Please note that investments in securities entail risks in addition to the opportunities presented here.
Income tax allowance funds
Important information: Please note the disclaimer and legal notes at the bottom of each fund page. Further information and documents, as well as important legal information on the respective fund, in particular specific information on funds managed by other management companies, can be obtained by clicking on the fund name in the fund overview above.
The individual selection and the weighting depend on your investment goals and your willingness to take on risk.