author_orbitax
Orbitax

Share This Article

Austria Publishes Progression Compensation Act 2025 Including Individual Income Tax and VAT Relief for 2025

29 October 2024

|

Approved Changes

|

Austria

Austria published the Progression Compensation Act 2025 in the Official Gazette on 9 October 2024, which provides for the implementation of the relief measures announced by the Ministry of Finance in July 2024. This includes 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 are as follows for 2025: 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...