These savings can escape the new 13% tax
The decree as the basis of personal income tax on interest income refers to the amount taken into account.
However, based on the Social Security Act, personal income tax does not have to be paid on the following savings if certain conditions are met:
Voluntary pension fund savings (ÖNYP)
Pension savings account (NYESZ)
Pension insurance
Regular premium life insurance
Single premium life insurance
Permanent investment account (TBSZ)
Related news
This is how the EU would curb Temu
The European Commission has proposed a new handling fee of…
Read more >German cities are considering a tax on single-use packaging
A growing number of German cities are considering introducing a…
Read more >There is some good news about savings
Although middle-aged people have enough savings for seven months on…
Read more >Related news
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment”…
Read more >Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is…
Read more >Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >