| 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.
|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.
| 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.
- Deduction for child support – monthly
For child support payments for children not belonging to their own household 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:
|for the first child||€ 29.20|
|for the second child||€ 43.80|
|for each additional child||€ 58.40|
Allowance for children – annually
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!