*If you click on Go to George, you will be redirected to George.
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.
The subscription period for the ERSTE LAUFZEITFONDS KMU 2029 runs from 21 October 2024 to 13 December 2024. From 14 December 2024 to 23 December 2024, investments can still be made in the launched fund. No further issue is planned after 23 December 2024.
ERSTE LAUFZEITFONDS KMU 2028 ist 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 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. Please refer to the prospectus of the UCITS or to the Information for Investors pursuant to Art 21 AIFMG of the alternative investment fund and the Key Information Document before making any final investment decisions. Unless indicated otherwise, source: Erste Asset Management GmbH and ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. The language of communication of the sales offices is German and the languages of communication of the management companies also include English.
The prospectus for UCITS (including any amendments) is published in accordance with the provisions of the InvFG 2011 in the currently amended version. Information for Investors pursuant to Art 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.
Information for Investors pursuant to Art 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 connection with ImmoInvFG and published at the web site www.ersteimmobilien.at.
The currently valid versions of the prospectus, the Information for Investors pursuant to Art 21 AIFMG, and the key information document can be found on the website www.erste-am.com or www.ersteimmobilien.at under “Mandatory publications” and can be obtained free of charge by interested investors 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 Art 21 AIFMG, the languages in which the key information document is available, and any other locations where the documents can be obtained are indicated on the website www.erste-am.com or www.ersteimmobilien.at. A summary of the investor rights is available in German and English on the website www.erste-am.com/investor-rights and can also be obtained from the Management Company.
The Management Company can decide to suspend the provisions it has taken for the sale of unit certificates in other countries in accordance with the regulatory requirements.
Note: You are about to purchase a product that may be difficult to understand. We recommend that you read the indicated fund documents before making an investment decision. In addition to the locations 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.
N.B.: The performance scenarios listed in the key information document are based on a calculation method that is specified in an EU regulation. The future market development cannot be accurately predicted. The depicted performance scenarios merely present potential earnings, but are based on the earnings in the recent past. The actual earnings may be lower than indicated.
Our analyses and conclusions are general in nature and do not take into account the individual characteristics of our investors in terms of earnings, taxation, experience and knowledge, investment objective, financial position, capacity for loss, and risk tolerance.
Please note: Past performance is not a reliable indicator of the future performance of a fund. Investments in securities entail risks in addition to the opportunities presented here. The value of units 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 units. Persons who are interested in purchasing units in investment funds are advised to read the current fund prospectus(es) and the Information for Investors pursuant to Art 21 AIFMG, especially the risk notices they contain, before making an investment decision. If the fund currency is different than the investor’s home currency, changes in the relevant exchange rate can positively or negatively influence the value of the investment and the amount of the costs associated with the fund in the home currency.
We are not permitted to directly or indirectly offer, sell, transfer, or deliver this financial product 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 consult the corresponding information in the fund prospectus and the Information for Investors pursuant to § 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. Thus, this communication is not a substitute for investment advice, does not take into account the legal regulations aimed at promoting the independence of financial analyses, and is not subject to a prohibition on trading following the distribution of financial analyses.
This document does not represent 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 referring Sparkassen banks and Erste Bank.
Please also read the “Information about us and our securities services” published by your bank.
Subject to misprints and errors.
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