Specify the institute key for employee savings allowance

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Due to collective bargaining agreements, works agreements or special individual contractual provisions, many employers are obliged to grant their employees capital-forming benefits. In addition, there is an additional state subsidy for employees with the employee savings allowance. Certain government-subsidized systems are subject to a blocking period. In order for the tax office to process the employee savings allowance, it needs the respective institute key.

The employee savings allowance is a state subsidy.
The employee savings allowance is a state subsidy.

Banks and savings banks receive the "institute key for employee savings allowance" from the central office of the federal states at the technical department Tax office Berlin.

Technisches Finanzamt Berlin - registry for institute keys 

  • The respective investment institute or employer who signed the contract with the employee has completed capital-forming services, this institute key must be submitted to the Technical Tax Office request.
  • The request must include the name and address of the respective credit institution, employer or company as well as the bank details for the transfer the employee savings allowance.
  • The institute key is only required for those types of investment for which the legislature has provided for a blocking period. Blocking periods do not apply, for example, to systems for residential construction or for the first-time acquisition of shares in construction and housing cooperatives.

Submit an income tax return to determine the employee savings allowance

  • The investment institute receives the employee savings allowance in full from your tax office if a certain blocking period (usually 7 years) has expired.
    • Apply for an employee savings allowance - this is how it works

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  • You have to submit an annual income tax return so that the tax office can determine the amount of the savings allowance. In the event that you are entitled to allowances, your responsible tax office will ask for the institute key for processing.
  • As a rule, you will receive an annual account statement from your investment institute with a "certificate of capital formation benefits". You will find the key on this document.

If you have invested capital forming with a particular banking institution, this will be For example, the institute key for DekaBank 1036564, for Bausparkasse Schwäbisch Hall this is the one Number 1006924.

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