The tax incentive for entrepreneurs
Take advantage of the tax benefits under the tax-free profit allowance.
As we approach the end of the year, we want to provide a timely reminder of the tax benefits associated with the tax-free profit allowance and inform you of your options. Particularly if your profit for this year exceeds 33,000 euros, it is important to consider now whether you want to invest it in preferential assets or preferential securities in order to benefit from this tax advantage.
If the following criteria apply to your business situation, we will be happy to assist you with our expertise and our range of securities that is specifically geared towards this purpose:
- You have operational income from agriculture, forestry, a business enterprise, or self-employed work.
- You calculate your profit on the basis of an income statement or balance sheet.
- You do not calculate profit on a lump-sum basis.
- Your expected profit for this year exceeds 33,000 euros and you have available liquidity.
The so-called basic tax-free allowance in the amount of 15 % can also be claimed on profits of up to 33,000 euros without any investments.
Your corporate account manager will be happy to answer any questions you have and tell you about our range of suitable securities.
If, after your conversation with your tax advisor, you decide to invest in eligible securities, your bank advisor will be happy to assist you with questions and provide advice on the opportunities, risks, and costs associated with the eligible securities.
To book the securities, you need a fee-based custody account. If you do not yet have a securities account, you can open an account here as an existing customer and BusinessNet user before your consultation appointment with your bank advisor.
This information does not constitute investment advice or an investment recommendation. In particular, it does not constitute an offer or solicitation to buy or sell securities. It serves only as initial information and cannot replace advice based on the individual circumstances and knowledge of the investor. Every capital investment is associated with a risk, which can also mean the complete loss of the capital invested. The value of the investment and the level of income can fluctuate suddenly and significantly and therefore cannot be guaranteed. Currency fluctuations can also influence the development of the investment.
We would like to point out that the tax treatment depends on the personal or business circumstances of the investor and that the information on tax benefits is provided on the basis of the current legal situation, which may be subject to future changes and about the maintenance of which no information can be given. If you have any questions regarding tax treatment, please contact your tax advisor.
