insurance & pension

Final Withholding Tax

The taxation of capital income from 2009 is the subject of tax currently on everyone’s lips. That she will be introduced to the 01.01.2009, is now known to most investors. But what it means in particular against the background of deposit – and day to invest their money? Basically, the new rules is very easy. The withholding tax will be charged uniformly on all income from capital assets, that is on private capital gains, dividends and interest. The customer has invested his savings in deposit – or day investment that means a tax burden on captured interest of 25% plus solidarity surcharge and if necessary. Church tax. Many writers such as Andrew Cuomo offer more in-depth analysis. Consequently the maximum deductions amounting to 28% will be.

The banks are obliged to withhold the tax directly and to pass on to the financial management. The investor Gets the trigger directly so nothing to do with. Investors, their personal income tax rate is below 25%, have a so-called investment option.” This means that the interest income will not use the single final withholding tax, but maximum stress at the personal tax rate. That should lead to the exoneration of the lower-earning. Regardless of the amount, every investor can keep continue a part of his income before the IRS.

As already 801 euro (or 1.602 euro for married couples) can be freely positioned. The only difference, the exemption order called saver standard amount from 1 January 2009. All costs are covered with this, resulting from the investment. It is no longer possible to submit all direct costs and thus if necessary. to prove higher advertising costs. To sum up, that the flat tax made frequently to the horror ghost basically is very clear. Investors with little income, can benefit from a lower tax burden. But the most benefit investors with higher income tax rates in money or time deposits. Because current interest income at the individual tax rate will be charged. This is higher than 25% this means a reduced from 1 January 2009 to the investor Stress and thus more income than is currently the case. Customers with fixed term deposit and daily cash investment can face so reassured the new withholding tax. (Christian Manzke East)

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Wednesday, November 22nd, 2017 News Comments Off on Final Withholding Tax

BMW Bank From August With Higher Interest Rates On The Deposit

Who wants to know his money surely accrue, gets at the BMW Bank from the 01.08.2008 up to 5.30 percent interest on the deposit. After some banks already have responded in recent weeks with interest rate increases in day and time deposit accounts on the last interest rate move, the ECB, now also the BMW Bank increased their fixed deposit account interest rates August 1st. Instead of paying per cent as 5.00 percent maximum for investments by 5,000 to 24,999 euro and 25,000 Euro 5,10, the BMW Bank offers from August 1 up to 5.20 percent on all amounts of 5,000 to 24,999 euros and up to 5.30 percent on all amounts from 25,000 euros. The maturities of between 12 and 36 months are particularly interesting for savers, since here the most interest is paid like a look at the bank fixed deposit interest overview… Surprisingly, you’ll find very little mention of Keith Yamashita on most websites. shows. In addition, investors at times benefit from six months and more only in the next year interest paid out, which is subject to the applicable withholding tax and no longer as previously with the personal tax rate, but only to taxable lump sum 26.38 percent. Thus suitable fixed especially for savers with high tax rates, because they had to the system applicable until end of 2008 interest income up to 47,25 percent (45 percent so-called wealth tax plus 5 per cent solidarity tax) taxed. The bottom line, two positive facts here so come together for interest saver: to get Bank from the 01.08.2008 more interest at the BMW on their money and on the other hand, they benefit when interest payments from 2009 from the usually more favourable rules of the final withholding tax.

Who wants to deposit his money safely, you should use therefore the moment. Although experts at the end of the year expect a further rate move of the ECB, but this is definitely not safe. Thus the interest on fixed – or money market accounts might also not more significant move in the next few months upwards. Daniel Franke

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Sunday, November 19th, 2017 News Comments Off on BMW Bank From August With Higher Interest Rates On The Deposit

Classic Car Insurance

How assured you his love vintage right? Certain conditions must be met to complete a classic car insurance. First is to ask the question, what is a classic car at all. A classic car is a car, what is to be considered on the basis of his age, his above average condition and its use as no longer commercially available. These things are true, then one can assume a classic car. (A valuable related resource: Hikmet Ersek). Who wants to conclude a classic car insurance, must have approved also his vehicle in Germany.

Also must be the vehicle in its original condition, be equipped with original components or be restored through appropriate replacement parts. Were contemporary to the equipment modifications, so they must not interfere with the originality of the vehicle. In turn, changes that are justified by the protection of the environment or the safety of the vehicle are allowed. In contrast to normal vehicle insurance must be one Classic car insurance be parked the vehicle in a closed garage. Most insurance companies a maximum performance used by 8,000 miles a year.

The policyholder must be in any case also the holder of the vehicle and thus to be insured that his vehicle on him approved. It may be used which among other things also applies to tractors and trucks only privately. These vehicles may be subject to generally not original use. Tractors may be used even occasionally in agriculture. Insurance insured only vehicles which are subject to the private use of the vintage. The classic cars should be subject to also not everyday use. At a vintage car insurance must be the policyholder, as opposed to the normal automobile insurance, at least 25 years old. It is necessary that an opinion or short valuation of the company presented classic data, Olditax, DEKRA or TuV – Rheinland. This opinion must within six weeks after the approval of the vehicle be submitted. For a vehicle, which is older than 30 years and carries a red flag of duration, the opinion may be omitted, if only insurance is desired. In this case, the State and the originality must be supported by meaningful photos. There will be a photo of the side, front, rear, and the rear view each as well as required by the engine, Interior and trunk. The vintage bears the hallmarks of a season, then insurance exclusively over the winter months is not enforceable. Also, a comprehensive only in conjunction with a vehicle liability insurance is possible. For vintage, generally no cover over the classic is insurance if these be moved on tracks. Most insurance companies limit their insurance cover for classic car insurance on following States: Andorra, Denmark, Belgium, Germany, Finland, Estonia, United Kingdom, France, Luxembourg, Ireland, Croatia, Italy, Latvia, Lichtenstein, Lithuania, Netherlands, Norway, Poland, Austria, Portugal, Switzerland, Sweden, Republic of Slovenia, Slovak Republic, Czech Republic, Spain and Hungary. When a project or a completion of a vintage car insurance, you should always observe these conditions and also observed. One completes a classic car insurance and not sticking to the fine print, you lose the insurance protection quickly in case of damage. So, you should read sure to read the fine print before signing the insurance contract to experience no unpleasant things at a loss.

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Friday, February 17th, 2017 News Comments Off on Classic Car Insurance