Austria published the Inflation Adjustment Ordinance 2024 in the Official Gazette on 29 August 2023. The Ordinance includes, among other things, adjustments in the individual income tax brackets for the 2024 calendar year as follows: up to EUR 12,465 - 0% EUR 12,465 to 20,397 - 20% EUR 20,397 to 34,192 - 30% EUR 34,192 to 66,178 - 40% EUR 66,178 to 99,266 - 48% EUR 99,266 to 1,000,000 - 50% over EUR 1,000,000 - 55% The Ordinance also adjusts various allowances and credits.