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
How to calculate the tax allowance
The maximum tax allowance amounts to 13% of company profits. If your profit is less than EUR 30.000, the tax allowance is automatically claimed, and you do not have to make any investments. If your profit exceeds EUR 30.000, you can claim a tax allowance of up to EUR 43.350 when investing accordingly, e.g. in eligible securities.
What requirements have to be fulfilled?
- 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.
What requirements have to be fulfilled?
- 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.
Know-how that will give you an edge in your investment decisions.
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 below, ERSTE IMMOBILIENFONDS* and ERSTE RESPONSIBLE IMMOBILIENFONDS also qualify for this kind of allowance.
* The ERSTE IMMOBILIENFONDS is currently not available for investing.
Income tax allowance funds
Important information:
Please find further information and documents on the respective funds by clicking the fund name in the above overview.
The individual selection and the weighting depend on your investment goals and your willingness to take on risk.