The uncertainty surrounding state pensions and steadily rising life expectancy means that the importance of private pension arrangements – including investment income – can hardly be overestimated. Capital assets also provide an opportunity to invest worldwide. Moreover, income from such assets can be used to achieve a favourable taxation of income. If you have losses or high income-related costs, you should regularly convert income from capital assets into other types of income.

Income from capital assets offers considerable scope for tax planning – also having regard to withholding tax in final settlement of tax liability (Abgeltungssteuer). Such income includes not only interest, dividends and other capital income, but also option premiums, capital gains and losses and life insurance income. Income that so-called typical silent partners receive from their partnership interests is also included in this type of income.

Generally, the taxation rate is now 25 per cent plus solidarity surcharge and church tax. However, there are many exceptions, special cases, opportunities to offset losses and indirect tax consequences, including deductions of donations. In addition, transitional rules apply to 2013, which clearly provide for so-called speculation losses to be set off against gains. The type of individual investment and the type of capital income are crucial as a basis for tax planning considerations to ensure that the disadvantages you suffer from the tax are kept to a minimum.

CAPITAL ASSETS: INDIVIDUAL NEEDS REQUIRE INDIVIDUAL ADVICE

We support you in weighing up which tax strategies meet your requirements and individual needs or how you can best adjust your investments to your needs without losses. We do not consider capital assets solely from the perspective of an investor. Income from such assets can also be selectively used for other taxpayers. Moreover, you can profit from the know-how we have gained from developing and reviewing products for the capital market.

Well thought through structures can therefore protect private assets from the tax authorities. Benefits can also be achieved besides income from capital assets. Investing abroad (so-called notional withholding tax, offsetting or refunds of foreign withholding taxes) and future developments, e.g. the reintroduction of deductible income-related costs, can help you exploit tax benefits to the full. In each individual case, our experienced advisers find suitable solutions to make the most of your valuable assets. up stage shows you how to obtain VAT (input tax) refunds at once. We also offer accounting, payroll and VAT services. Clients setting up a new business receive a free, comprehensive guide. This gives them all the key information they will need in the future. At the start of any successful business, good advice is essential.