Don’t you know what you can do best with your money? Do you find the interest that you get on the regular savings account too little? In front of people who have a lot of money in the bank, more than € 21,139 and for tax partners € 42,278, it is interesting to save green. This can cause a tax benefit and you will also get substantial interest on it.
More and more people decide to make use of the option to save green. People who have less in the bank can often also make use of this scheme, but it will hardly benefit them. Because of this, it is actually not interesting for these people.
What is saving green?
Saving green means nothing else than that your savings are invested in green projects. The projects in which investments are made are therefore sustainable environmentally friendly projects aimed at a better future. After all, the environment is already being put too much to the test and to break this, the government is trying to encourage environmentally friendly investments. The government wants to stimulate this by giving tax benefits to people who do not invest their money in even more environmentally polluting projects. The only drawback of this form of saving is that the supply is very limited, because there is a lot of interest in it. For this reason, there are also many banks that temporarily stop offering this project. But it is interesting to keep an eye on this, because if they start offering it again you can earn some money from it, because you have to pay a little less tax. Various banks offer this form of saving.
What is the advantage?
But what is the advantage that I get by saving in this way? This is difficult to express in money, because of course it depends entirely on the amount that you want to deposit. But the higher the amount, the more benefits you can get from it.
The tax authorities have determined that you receive an exemption for the capital gains tax up to an amount of approximately € 57,000. In addition, these environmentally friendly projects give on average more interest, namely 0.7% extra on top of the average interest. This is due to the tax credit that has been considerably reduced in recent years to 0.7%. But this tax credit will not be phased out in the coming years, so it is a reasonably ‘safe’ investment for your savings.
In short, if you are looking for a good savings scheme, then also consider the green savings. If you have a substantial amount in your savings account, you can get a substantial benefit from this. This savings product is certainly worth considering. So keep an eye on the banks with regard to saving green and who knows you may also benefit considerably next time they offer this again. But keep in mind that many more people are interested.