Treat yourself with tax savings? It's possible with LALUX!
If you are looking to optimise your tax situation, there are several insurance products available to you.
Retirement pension
A pension savings product such as easyLIFE Pension is certainly one of the most popular solutions for reducing tax liability. With a pension plan, you can build up additional capital for your retirement while benefiting from tax advantages that allow you to save up to 45% of your premium, every year! The premiums you invest in a personal pension plan are deductible up to €3,200 per taxpayer under Article 111bis L.I.R.
For example,
An unmarried person with a taxable income of €50,000 who saves €3,200 for retirement each year can save up to €1,334 in tax, i.e., 41.69% of the premium invested.
A married couple with a collective taxable income of €100,000 can save up to €2,671 in tax per year by investing €3,200 each for their retirement, i.e., 41.73% of the total premium invested annually.
Estimate your tax savings with easyLIFE Pension using the LALUX simulator.
For the self-employed
lalux-Safe Future is a specific offer for the self-employed and liberal professions which allows them to benefit from tax advantages too. The premiums invested here are deductible as special expenses up to a maximum of 20% of the net annual income.
The company pension plan
An even more effective solution is to supplement any pension plan set up by your employer with personal contributions. These can amount to up to €1,200 per year and, above all, they offer an immediate tax advantage since they reduce your taxable income directly each month. To take advantage of this solution, however, check with your employer whether such a supplementary pension plan has been set up.
Special expenses
Generally speaking, all insurance premiums that serve to cover a person can be deducted from taxes. All other premiums related to damage, fire, theft, legal protection, or mere investment are not affected.
You can therefore declare the following insurances as "Special Expenses" and this up to an amount of €672 per taxpayer:
- Life, death, and disability insurances
- Health insurances, such as those offered by DKV Luxembourg, which enables you to make up for the often partial reimbursements or reimbursements not covered by statutory health insurance
- Accident insurance, which protects against everyday misfortunes that can profoundly change your life and that of your loved ones
- Civil liability insurances: mandatory car liability and family liability
- Mortgage Insurances, which cover mortgage loans.
Make the ecological choice!
Each year during the period of tax declarations, you wait for your certificate that lists all the insurance premiums you can deduct. To limit its environmental footprint, LALUX makes this certificate available digitally to anyone who wants it! Register with LALUX easyAPP and download your certificate directly to your mobile phone or desktop computer.
Discover how you can reduce your taxes while being best insured.