Income tax allowance
Invest your profits and benefit twice.
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 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.
- 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 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.
Important legal information - ERSTE Immobilien Kapitalanlagegesellschaft m.b.H.
This document is an advertisement. Unless otherwise stated, the source of the data is Erste Asset Management GmbH and ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. The language of communication at the sales offices is German and the languages of communication of the management companies also include English.
The prospectus for the UCITS fund (including any amendments) is published in accordance with the provisions of the InvFG 2011 in the currently amended version. The “Information for Investors pursuant to Article 21 AIFMG“ is prepared for the alternative investment funds (AIF) administered by Erste Asset Management GmbH pursuant to the provisions of the AIFMG in conjunction with the InvFG 2011.
The “Information for Investors pursuant to Article 21 AIFMG” is prepared for the alternative investment funds (AIF) administered by ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. pursuant to the provisions of the AIFMG in conjunction with the ImmoInvFG and is published on the website at www.ersteimmobilien.at.
The latest versions of the prospectus, the “Information for Investors pursuant to Article 21 AIFMG” and the Key Information Document can be found on the website at www.erste-am.com or www.ersteimmobilien.at under “Mandatory publications” and can be obtained by interested investors free of charge at the offices of the respective management company and at the offices of the respective depositary bank.
The exact date of the most recent publication of the prospectus and the “Information for Investors pursuant to Article 21 AIFMG”, the languages in which the Key Information Document is available and any other places where the documents can be obtained are stated on the website at www.erste-am.com or www.ersteimmobilien.at. A summary of investor rights is available in German and English on the website at www.erste-am.com/investor-rights, as well as at the domicile of the management company.
The management company can decide to revoke the arrangements it has made for the distribution of share certificates abroad, taking into account the regulatory requirements.
Note: You are about to purchase a product that may be difficult to understand. We recommend that you read the above fund documents before making an investment decision. In addition to the places listed above, you can obtain these documents free of charge at the offices of the referring Sparkassen bank and the offices of Erste Bank der oesterreichischen Sparkassen AG. You can also access these documents electronically at www.erste-am.com or www.ersteimmobilien.at.
Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, experience and knowledge, investment objective, financial position, capacity to sustain loss and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.
Please note: Investments in securities entail risks in addition to the opportunities presented here. The value of shares and earnings can rise and fall. Changes in exchange rates may also have a positive or negative impact on the value of an investment. For this reason, you may get back less than the amount you originally invested when you redeem your shares.
Anyone who is interested in purchasing shares in investment funds is advised to read the current fund prospectus(es) and the “Information for Investors pursuant to Article 21 AIFMG”, especially the risk notices they contain, before making an investment decision. If the fund currency is different from the investor’s home currency, changes in the relevant exchange rate can positively or negatively influence the value of the investment and the costs associated with the fund in the home currency.
We are not permitted to offer, sell, transfer or deliver this financial product directly or indirectly to natural or legal persons whose place of residence or domicile is located in a country where this is legally prohibited. In this case, we may not provide any product information either.
Please see the corresponding information in the fund prospectus and the “Information for Investors pursuant to Article 21 AIFMG” for restrictions on the sale of the fund to American or Russian citizens.
It is expressly noted that this communication does not provide any investment recommendations, but only expresses our current market assessment. Therefore, this communication is not a substitute for investment advice.
This document is not a sales activity of the respective management company and therefore may not be construed as an offer for the purchase or sale of financial or investment instruments.
Erste Asset Management GmbH and ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. are affiliated with the Erste Bank and austrian Sparkassen banks.
Please also read the “Information about us and our securities services” published by your bank.
ERSTE Immobilien Kapitalanlagegesellschaft, Am Belvedere 1, 1100 Vienna
Imprint / Media owner and publisher: ERSTE Immobilien KAG, Am Belvedere 1, 1100 Vienna
service@ersteimmobilien.at / www.ersteimmobilien.at / Place of publication: Vienna