‌Please note that the following answer only applies to clients residing in Germany.

Important notice: Please submit your non-assessment certificate to us by 15 December of the current tax year at the latest. Any forms submitted after this date may not be considered for the relevant tax year.

With a non-assessment certificate (German: Nichtveranlagungsbescheinigung, NV-Bescheinigung), capital gains are not taxed up to the income threshold. If investment income exceeds the basic tax-free allowance, it must be declared in the income tax return.

The basic tax-free allowance will increase from €12,096 to €12,348 in 2026.

Tax offices issue non-assessment certificates for a period of up to three years. You can also apply for a non-assessment certificate for your children. The form to apply for a non-assessment certificate can be found here. 

Once you have received your non-assessment certificate from your tax office, please send a copy of the document to:

‌Scalable Capital Bank GmbH
Seitzstraße 8e
80538 Munich 
Germany‌

Alternatively, you can upload documents to the Scalable client area. To do so, please contact our Client Service Team via the Support function in the app or our contact form. We will then provide you with a personal upload link. Please do not send us original certificates.