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.

Contact

Do you have questions or would like to get more information?

Your advisor at Erste Bank or Sparkasse is happy to help you.

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Important legal information - ERSTE Immobilien Kapitalanlagegesellschaft m.b.H.

This document is an advertisement. All data is sourced from ERSTE Immobilien Kapitalanlagegesellschaft m.b.H., unless indicated otherwise. Our languages of communication are German and English.

The “Fund Prospectus Information for Investors Pursuant to § 21 AIFMG” (fund prospectus) and the key investor document/KID of the ERSTE Immobilien KAG are published in Amtsblatt zur Wiener Zeitung and on our web site www.ersteimmobilien.at. They are prepared in accordance with the provisions of the Alternative Investment Funds Manager Act (Alternative Investment Funds Manager-Gesetz, AIFMG, Federal Law Gazette No. 135/2013) in connection with the Real Estate Investment Fund Act (Immobilien-Investmentfondsgesetz/ImmoInvFG) Federal Law Gazette BGBI No.80/2003 in the currently amended version.

The fund prospectus and the key investor document/KID can be viewed in their latest versions at the web site www.ersteimmobilien.at or obtained in their latest versions free of charge from the domicile of the ERSTE Immobilien KAG (management company) and the domicile of the Erste Group Bank AG (custodian bank). The exact date of the most recent publication of the fund prospectus, the languages in which the document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.ersteimmobilien.at.

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. 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 and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments entail risks in addition to the opportunities presented there. Errors and misprints excepted.

ERSTE Immobilien Kapitalanlagegesellschaft, Am Belvedere 1, 1100 Vienna

Disclaimer

This document is an advertisement. All data is sourced from Erste Asset Management GmbH, unless indicated otherwise. Our languages of communication are German and English.

The prospectus for UCITS (including any amendments) is published in Amtsblatt zur Wiener Zeitung in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to § 21 AIFMG is prepared for the alternative investment funds (AIF) administered by Erste Asset Management GmbH, pursuant to the provisions of the AIFMG in connection with the InvFG 2011.

The fund prospectus, Information for Investors pursuant to § 21 AIFMG, and the key investor document/KID can be viewed in their latest versions at the  web site www.erste-am.com or obtained in their latest versions free of charge from the domicile of the management company and the domicile of the custodian bank. The exact date of the most recent publication of the fund prospectus, the languages in which the key investor document is available, and any additional locations where the documents can be obtained can be viewed on the web site www.erste-am.com.

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. 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, and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments in securities entail risks in addition to the opportunities presented here. The value of shares and their earnings can rise and fall. Changes in exchange rates can also have a positive or negative effect on the value of an investment. For this reason, you may receive less than your originally invested amount when you redeem your shares. Persons who are interested in purchasing shares in investment funds are advised to read the current fund prospectus(es) and the Information for Investors pursuant to § 21 AIFMG, especially the risk notices they contain, before making an investment decision.

Please consult the corresponding information in the fund prospectus and the Information for Investors pursuant to § 21 AIFMG for restrictions on the sale of fund shares to American citizens. Misprints and errors excepted.