Austria Adjusting Individual Income Tax Brackets for 2025 as Part of Relief Measures
Austria's Ministry of Finance has issued a release announcing relief measures for 2025, including an overall increase in the individual income tax bracket thresholds, except for the EUR 1 million threshold for the top 55% rate. Considering the increase, the brackets/rates will be as follows:
- up to EUR 13,308 - 0%
- EUR 13,309 to 21,617 - 20%
- EUR 21,618 to 35,836 - 30%
- EUR 35,837 to 69,166 - 40%…