| Annual income |
|Income tax in €||Average tax rate in %||Marginal tax rate in %|
up to 18,000
|(income – 11,000) x 25%||0 – 9.72||25|
up to 31,000
|(income – 18,000) x 35% + 1,750||9,72 – 20.32||35|
|> 31,000 up to 60,000||(income – 31,000) x 42% + 6,300||20.32 = 30.80||42|
|> 60,000 up to 90,000||(income – 60,000) x 48% + 18,480||30.80 – 36.53||48|
|> 90,000 up to 1 million||(income – 90,000) x 50% + 32,880||36.53 – 48,79||50|
|> 1 million (temporary from 2016 to 2020)||(income – 1,000,000) x 55% + 487,800||48.79||55|
Simplified tax calculation
|Annual income||x percent||minus fixed amount||= tax (before tax allowance)|
|up to 11,000||x 0%||- 0||= 0|
|> 11,000 to 18,000||x 25%||- 2,750||= tax|
|> 18,000 to 31,000||x 35%||- 4,550||= tax|
|> 31,000 to 60,000||x 42%||- 6,720||= tax|
|> 60,000 to 90,000||x 48%||- 10,310||= tax|
|> 90,000 to 1 million||x 50%||- 12,120||= tax|
|> 1 million||x 55%||- 62,120||= tax|
Annual income €15,798 x 25% = 3,949.50 minus €2,750 = € 1,199.50 income tax
Annual income €45,672 x 42% = 19,182.24 minus €6,720 = €12,462.24 income tax
Unless specified otherwise, the deductible amounts are annual amounts and reduce the tax amount determined according to the income tax rate.
- Family bonus plus (effective from 1.1.2019)
Until the expiry of the month in which a child completes its 18th year of age, a monthly sum of EUR 125.00.
From the expiry of the month in which a child completes its 18th year of age, a monthly sum of EUR 41.68.
Family bonus plus only applies to children for whom Austrian family allowance is provided, and who are resident in Austria, a member state of the European Union, a state in the European Economic Area or Switzerland. It is deductible from tax, as the first tax credit. It cannot lead to a credit note, and therefore is only fully effective for persons who have a sufficiently high income that EUR 125.00 or EUR 41.68, as applicable, in monthly tax falls due.
These amounts are adjusted for children who live outside of Austria according to an index. The
tax credit must be applied for (on form E30 or L1k) and may, on request,
be shared between the person entitled to the family allowance, that person’s spouse or partner,
and a maintenance debtor, according to certain criteria.
|Deductible amount for sole earner/single parent|
|with one child||€ 494|
|with two children||€ 669|
|for every additional child||€ 220|
Additional earnings limit (annual) of the spouse/partner
If the income tax calculation produces a negative amount, the deductible amount for sole earner/single parent is to be reimbursed.
NEW: From 1.1.2019, the AVAB, the AEAB and the maintenance deduction amount are all adjustable on the same terms as the Family bonus if the child is resident in a member state of the European Union, a state in the European Economic Area, or Switzerland.
| Deductible amount for travel expenses |
(for active employees)
The deductible amount for travel expenses increases from 2016 if a claim to the commuter flat-rate exists and the annual income does not exceed €12,200.
The increased deduction for travel expenses will be reduced incrementally to €400 between and income of €12,200 and €13,000.
|The deductible amount for pensioners||€400|
The deductible amount for pensioners will be reduced incrementally between retirement benefits of €17,000 and €25,000 to zero.
The deductible amount for pensions will increase from 2011 to
if the pension amounts to a maximum of €25,000 per year (limit from 2013; for 2012 max. of €19,930 and for 2011 max. of €13,100); if more than six months of a marriage/partnership is given; if the spouses/partners are not permanently separated; the spouse/partner has an income of maximum of €2,200 annually; and there is no claim to the deduction for sole earners.
The increased deductible amount for pensioners will be reduced incrementally between retirement benefits of €19,930 and €25,000 to zero as of 2013.
- Child’s bonus (effective from 1.1.2019)
If a tax of less than EUR 250.00 (multiplied by the number of children) would be due before taking account of tax credits, and the AVAB (sole earner tax deduction) or AEAB (single parent tax deduction) is applicable, the difference between EUR 250.00 (multiplied by the number of children)
and the tax will be reimbursed. This amount will be adjustable on the same terms as the Family bonus if the children are resident in a member state of the European Union, a state in the European Economic Area, or Switzerland.
- Allowance for children – annually (ceases to apply from 2019)
For children for whom the family allowance has been paid for more than six months of the calendar year or if the deduction for child support has been granted when the child is living permanently in Austria, in a member state of the European Union, a state in the European Economic Area or Switzerland: It reduces the taxable income and must be claimed within the scope of the tax assessment.
|per child if one taxpayer claims the allowance||€ 440|
|per child if two taxpayers claim it for the same child||€ 300 each|
|Obligation to file a tax return|
|generally for an annual income of more than||€ 11,000|
|with income subject to income tax for an annual income of more than||€ 12,000|
|Capital gains tax||27.50%|
|for certain interest payments (e.g. from deposits at banks)||25%|
|Tax deduction with limited tax liability|
|if the recipient of the gains bears the fee||20%|
|if the debtor of the gains bears the fee of the full amount||25%|
| if expenditures directly connected to the revenues are deducted |
(for EU/EEA citizens)
|as of 2005||25%|
of the income.
|Minimum corporation tax||annually||quarterly|
|limited liability company (GmbH) *)||€ 1,750||€ 437.50|
|joint stock company (AG) *)||€ 3,500||€ 875|
|Banks and insurance companies||€ 5,452||€ 1,363|
*) The minimum corporation tax for limited liability companies (GmbH) founded after 30 June 2013 amounts to €500 annually in the first five years, or €125 quarterly; in the following 5 years €1,000 annually, or €250 quarterly. As of the 11th year, the full minimum corporation tax must be paid.
Minor assets (Art. 13 Income Tax Act)
Immediate write-off of investments up to an acquisition value of € 400
Since 2010, mandatory accounting has been in effect
for an annual income of more than € 700,000.
Please refer to the “Types of Profit Assessment” brochure for more detailed comments.
Status: January 2018
This information leaflet is a joint product of all Chambers of Commerce.
Note: Despite careful editing, no responsibility can be taken for the correctness of this information. Any liability of the Austrian Chambers of Commerce is excluded. The terms used for references to persons always apply to both genders!