1. January 2009 was introduced the taxation of capital income, which is paid by the banks automatically to the tax office (the so-called final withholding tax). Since then, a uniform tax rate of 25 percent plus solidarity surcharge and Church tax will be levied on the investment income of the taxpayer.
What is capital income?
As the capital gains are all gains from investments. To do this,
- dividends, e.g. out of stock
- interest rates of savings accounts include, for example:, fixed Deposit or current accounts
- gains from securities and Fund sales
- income from certificates for raw materials
How the flat tax will be calculated?
Basically, the amount of the withholding tax is 25 percent. On this 25 percent, the solidarity surcharge (5.5 per cent), as well as, if applicable, Church tax (8% in Bavaria and Baden-Württemberg/ 9 percent in the remaining States).
Thus, the amount of withholding tax is for members of the Church in Bavaria and Baden-Württemberg 27,82%, as well as for Church members, the rest of the provinces 27,99 percent.
when are capital gains tax free?
Currently, Singles investment income in the amount of 801 Euro tax are allowed to retain free (saving lump sum). For Married couples the limit, therefore, is in the 1602 Euro. The Taxpayer must file either an exemption order with your Bank, or a non-assessment certificate of the competent tax office. About the author
Renate Hero must be delivered to a plant of the CAPE is a member of the legal editorial team at anwalt.de
when?
Was taken away by capital gains, no withholding tax to the tax office and this must be in the system KAP listed.
This applies to the following cases:
- private loans
Were taken for a private loan interest on the loan, they must be taxed. - reimbursement interest from the tax office
Has refunded the tax, interest, you need to specify this in the Appendix to CHAP. - foreign deposits
deposits in foreign banks or investment companies must be registered in the Appendix to CHAP-INV. - Church tax was. not on capital income
Was collected, and no Church tax on capital income, so each Church member is responsible for the capital gains in the Appendix to CHAP to enter
Here you will learn how to make the flat tax or the amount of decrease avoid:
tip 1: Check regularly your exemption orders!
As a private investor, you can exempt your capital gains with an exemption order, up to 801 euros (in the case of married couples 1602 Euro) of the withholding tax. Remember that you should give each Bank separately to an exemption order, and regularly check, whether these may need to be changed, if in their investments, something changes. It is also important that in the Presence of several exemption orders do not exceed the height of the savings lump sum.
furthermore, you should take into account that minor children can benefit from the exemption orders, if you as a parent or guardian sign them.
tip 2: pensioners and students should be a non-assessment certificate to apply for
Is the taxable income under the so-called basic amount (2019: 9168 Euro), so no taxes have to be paid on capital gains. Especially students, seniors, and mini-jobbers can benefit by applying for a non-assessment certificate from the tax office. This is up to three years and must thereafter be applied for anew.
tip 3: take Advantage of the disposition right to vote and the review!
Is the marginal tax rate of a tax payer under 25 percent, so it can be applied for with the facility the CAPE the review. In this case, the capital gains will be taxed, where appropriate, with the lower personal tax rate. The tax office refund overpaid final withholding taxes, if these have already been discharged.
tip 4: balance capital gains with losses.
they Had gains and losses at different banks, you should fill in the Appendix to CHAP, to offset these to each other. The rule is that, for example, share profits with equity losses recorded may be attributed. You apply directly to your banks in order to receive all the loss of certificates. Note also that these up to 15. December of the tax year, banks will have to apply for.
you Can be to the corporate tax law advice.
