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Are you self-employed and want to save taxes with investments? Or have you heard the term Investment Deduction Allowance before and want to know exactly what it is? Then watch this video all the way to the end. Hey, my name is Melchior from Kontist Steuerberatung and if you are self-employed and plan to make purchases, there are rules on how you can save taxes. And this rule is called the Investment Deduction Allowance. Its such a typically German word that goes over three lines. And this rule says that you can already consider costs in your accounting today. This means you can start with business expenses today and pay less tax on investments that you will only make in the future. For example, if you plan to buy a company car in the future, you can take it into account for tax purposes today. By the way, with this regulation you can save a considerable amount of taxes. So this is a really big lever that you can use, because you can form the investment deduction amount up to an a