Sparerpauschbetrag

In English: Saver's allowance

The first €1,000 of capital income per year are tax-free, €2,000 for married couples and civil partners filing jointly. To use it, give your bank an exemption order (Freistellungsauftrag); you can split it across several banks.

Where it comes up

All terms in the glossary
These are estimates to help you plan – not financial, tax or legal advice. They use German tax rules for 2026, assume steady returns and interest rates, and simplify where the page says so. Check the figures with your bank or a tax adviser before you decide.