More tax aids for employees. To improve employees’ access to the companies’ capital, the new law provides for the creation of investment funds to which employers and employees may contribute. These investment funds will have to invest, within two years, at least 60% of the money received in businesses where the employees who contributed work. To help these funds out, the Federal State will increase the annual tax and social contributions free amount the company can give its employees from €135 to €360. Besides, the circle of employees entitled to additional aid from the State in the name of the Law on the creation of capital (Vermögensbildungsgesetz) will be extended. The aid, amounting to €80 each year, can be given to employees with a minimum of €20.000 per year (against €17.900 currently), and €40.000 if they are married.
shows that only 2% of German businesses offer capital interest systems to their employees and 9% offer profit-sharing.
More tax aids for employees. To improve employees’ access to the companies’ capital, the new law provides for the creation of investment funds to which employers and employees may contribute. These investment funds will have to invest, within two years, at least 60% of the money received in businesses where the employees who contributed work. To help these funds out, the Federa
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