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Austria Adjusting Individual Income Tax Brackets for 2025 as Part of Relief Measures

09 July 2024

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Approved Changes

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Austria

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% EUR 69,167 to 103,072 - 48% EUR 103,073 to 1,000,000 - 50% over EUR 1,000,000 - 55% The release also notes various other relief measures for individuals, as well as certain...