How can I invest my capital efficiently for tax purposes?
May 18, 2023 | 40,00 EUR | answered by Robert Kockel
Dear tax advisor,
My name is Laura Schlattmann and I am currently focusing on how to efficiently invest my capital assets. Over the past few years, I have accumulated some savings and now want to invest them profitably, while keeping tax aspects in mind.
Currently, most of my capital is sitting in a traditional savings account, which does not offer an attractive return due to low interest rates. I would like to invest in high-yield investment forms such as stocks, investment funds, or real estate, but I am unsure how to avoid tax pitfalls in the process.
My biggest concern is that I may end up paying high taxes due to impulsive investment decisions, leading to a loss of a significant portion of my returns. Therefore, I would like to learn from you about tax-efficient investment strategies and how to invest my capital in a profitable and tax-optimized manner.
Can you provide specific recommendations on which investment forms are tax advantageous and what tax aspects I should consider when investing my capital assets? Are there ways to save taxes or maximize the use of tax allowances?
I would greatly appreciate benefiting from your expertise and receiving valuable tips for tax-efficient investment of my capital assets.
Thank you in advance for your support.
Kind regards,
Laura Schlattmann
Dear Mrs. Schlattmann,
Thank you for your inquiry regarding the tax-efficient investment of your capital assets. I am pleased that you are actively considering this topic and want to take the tax aspect into account when making investment decisions. I understand your concern about how to invest your capital profitably and tax-efficiently in order to achieve the highest possible return.
First of all, it is important to know that there are various tax-advantageous investment forms that can help you save taxes and maximize your return. One option, for example, is investing in stocks or investment funds. Profits from stocks and investment funds are usually subject to a withholding tax of 25%. This tax is deducted directly by the bank or broker, so you do not have to worry about paying taxes yourself. For long-term investments, you can also benefit from the so-called speculation period, where profits are tax-free after holding for more than a year.
Another tax-efficient investment form is real estate. Here, you can benefit from tax depreciation options such as linear depreciation or special depreciation. In addition, you can tax-efficiently declare rental income and claim deductible expenses to reduce your tax burden.
To save taxes and make optimal use of tax-free allowances, I recommend that you inform yourself about the various tax benefits and allowances. For example, you can use the saver's allowance of €801 per person (€1,602 for married couples) to exempt income from capital assets from tax. The annual allowance for capital gains of €600 can also help you save taxes.
Additionally, I recommend staying informed about tax changes and updates regularly to always stay up to date and adjust your investment strategy accordingly.
I hope that this information has been helpful to you and I am available to answer any further questions you may have.
Sincerely,
Robert Kockel
