Tax repayments 2024: Families and commuters benefit now!

Tax repayments 2024: Families and commuters benefit now!

Österreich - In 2024, the tax framework for employees and families in Austria improved significantly. Changes in the employee assessment promise higher tax repayments. According to information from kosmo.at , employees and pensioners have been able to apply for their tax compensation since the beginning of 2024. From March 2025, this tax compensation is open to all taxpayers after the annual wage slips were submitted to the tax office.

The demand for tax compensation has increased significantly due to the increased inflation and the increased deduction amounts. Families in particular benefit from an increased family bonus that enables high repayments per child. An essential feature is the higher negative tax that people with low incomes are entitled to; The refund can be up to 1,331 euros.

Important deductions and grants

Family -friendly regulations such as the multi -child surcharge and the additional child amount continue to reduce the tax burden. The multi -child surcharge was raised to 23.30 euros per month in 2024, while the additional child amount increases to 700 euros. These deductible amounts apply to single parents and sole earners who can benefit from the adapted tax support in order to reduce their financial burden.

In addition, commuters are also entitled to the original commuter flat rates, since the previous increase is no longer valid. A new tax equalization calculator enables taxpayers to calculate their expected credits online and the form can be submitted via tax apps or directly at the tax office.

income limits and calculations

The tax relief also includes maintenance deduction amounts, flat -rate advertising costs and deduction amounts for childcare costs that require conditions for discontinuation. Separate parents are particularly supported by separate parents, of whom 70 % are entitled to tax benefits and 45 % their tax burden, such as regionalsuche.at explained.

All of these new regulations and adjustments offer an extended financial relief for families and creates incentives for employees to take care of their tax benefits. The average tax equalization could raise the repayments to up to 1,000 euros, which is a noticeable relief, especially in times of inflation.

For further details on the specific deductions for low income and the website offers the website of the BMF The disposition for 2024 can take place from March 2025, and it is advisable to prepare the necessary steps now.