New year, new rules: these changes affect you in 2025!
Find out everything about the most important changes in 2025: salary increases, new EU regulation on free transfers and much more.
New year, new rules: these changes affect you in 2025!
A new year brings fresh changes for Austrians! From January 1, 2025, not only will salaries and funding increase, but there will also be significant innovations in the financial sector. According to a new EU regulation, which also applies to domestic credit institutions, banks must enable instant transfers within ten seconds - and free of charge. So consumers can look forward to free, real-time transfers that will speed up banking, like 5min.at reports.
There are also changes coming, especially for employees. The already known home office flat rate remains in place, but is made more flexible. Starting this year, home office will be renamed “telework,” meaning employees will no longer necessarily have to work from home. Whether in a café or in your own office – the flat rate of 300 euros per year for up to 100 teleworking days remains valid. This is a clear advantage for many who no longer have to tie their work to a fixed location Sparkasse.de explains. The tax advantages are also not to be neglected: the home office allowance can be up to 1,260 euros per year, which means a significant tax reduction.
Drastic changes in waste separation and the deposit system
Another big topic is the introduction of a uniform deposit system in Austria. From January 1, 2025, a deposit of 25 cents will be charged for many beverage packaging, which is intended to protect the environment - but the money can be recovered. Environmental protection and recycling are the focus, while the revision of waste separation is also intended to ensure more transparency, as plastic and metal now belong in the yellow bag throughout Austria. This affects all households and is intended to help increase the recycling rate, as was already the case in some federal states.
In addition, in view of the pension increase, it will be necessary for women born between 1965 to stay in their working lives longer. This group of people must work until the age of 61.5, which is in the context of the gradual increase in the women's retirement age. Current trends show that changes in various areas of life have become essential and will impact the financial situation of Austrians.