Tax credits

In order to counteract cold progression, the tax deductions (the single-earner, single-parent tax credit and support money deduction, as well as the transportation and pensioner deductions), including the phase-in limits and the social security refund will be adjusted by two-thirds of the inflation rate each year starting in 2023.

For the calendar year 2024, the tax deductions listed, including the phase-in limits and the social security refund, were increased by the full inflation rate of 9.9 percent. The child deduction and the family allowance are adjusted annually by the full inflation rate in accordance with Section 108f ASVG.

Tax credits  
Transportation deduction 463 Euro per annum in 2024 (421 Euro per annum in 2023)1)
Transportation deduction supplement (with incremental controls) 752 Euro per annum in 2024 (684 Euro per annum in 2023; before: 650 Euro per annum)1)
Pensioner tax credit (Basic amount with incremental controls) 954 Euro per annum in 2024 (868 Euro per annum in 2023; before: 825 Euro per annum)
Higher-rate pensioner tax credit2) (with incremental controls) 1,405 Euro per annum in 2024 (1,278 Euro per annum in 2023; before: 1.214 Euro per annum)
Family Bonus Plus, per child below age of majority4) 2,000.16 Euro per annum from 2022 (1,500 Euro per annum from 2019 to 2021)
Family Bonus Plus, per child above age of majority4) 700.08 Euro per annum from 2024 (650.16 Euro per annum from 2022 to 2023; 500.16 Euro per annum from 2019 to 2021)
Single-earner tax credit with one child4) 572 Euro per annum in 2024 (in 2023: 520 Euro per annum)
Single-earner tax credit with two children3)4) 774 Euro per annum in 2024 (in 2023: 704 Euro per annum)
Single-parent tax credit with one child4) 572 Euro per annum in 2024 (in 2023: 520 Euro per annum)
Single-parent tax credit with two children3)4) 774 Euro per annum in 2024 (in 2023: 704 Euro per annum)
Child deduction4) 67.80 Euro per month per child in 2024 (in 2023: 61.80 Euro per month per child)
Support money deduction4) 35 to 69 Euro per month per child in 2024 (in 2023: 31 to 62 Euro per month per child)
Supplementary child credit, per child4) 700 Euro per annum from 2024 (550 Euro per annum in 2022 and 2023; 250 Euro per annum from 2019 to 2021)
Eurocommuter credit (for those entitled to the flat-rate commuter credit) 2 Euro per km of the one-way distance between home and workplace.
  1. With the travel credit, there is a single level of credit for all employees, regardless of their income tax liability or cross-border commuter status. For those entitled to a flat-rate commuter credit, the travel credit is increased to 798 Euro (in 2023: 726 Euro) as long as income does not exceed 14,106 Euro (in 2023: 12,835 Euro) in the calendar year. The increased travel credit is tapered down to 463 Euro (in 2023: 421 Euro) incrementally between incomes of 14,106 and 15,030 Euro (in 2023: 12,835 and 13,676 Euro). From the 2024 assessment, the travel credit increases by 752 Euro (in 2023: 684 Euro) (supplement) as long as the taxpayer’s income does not exceed 18,499 Euro (in 2023: 16,832 Euro) in the calendar year. From the 2024 assessment, the supplement is tapered down incrementally to zero between 18,499 and 28,326 Euro (in 2023: 16,832 and 25,774 Euro) (this is taken into account only as part of the assessment process).
  2. For a maximum pension income of 23,043 Euro (in 2023: 20,967 Euro) per annum, maximum spouse income 2,545 Euro (in 2023: 2,315 Euro) per annum and no sole earner credit.
  3. The sole earner and single parent credits increase by 255 Euro (in 2023: 232 Euro) in each case for each additional child.
  4. In its ruling of 16 June 2022, C-328/20, the ECJ ruled that the indexation of family-related tax deductions (Family Bonus Plus, supplementary child credit, single-earner, single-parent credit and support money deduction) applicable as of 1 January 2019 for children who permanently reside or have resided in another EU member state or in the territory of another contracting party to the Agreement on the European Economic Area or Switzerland does not comply with EU law. Accordingly, the indexation was repealed retroactively (for more information, see "Questions and answers on the indexation of tax deductions ( BMF)German text").

Caution

A distinction must be made between the tax credits, which are deducted from the tax to be paid and thus essentially reduce tax by the absolute amount, and tax-free allowances which are deducted from the calculation base and hence reduce the income that is to be taxed. They have an effect only to the extent of the applicable tax band.

Caution

In general, these rules also apply to citizens and traders from EU Member States in Austria.

Further links

Translated by the European Commission, altered by the Federal Ministry of Finance
Last update: 1 January 2024

Responsible for the content: Federal Ministry of Finance

Rate this page and help us to improve.