Austria's workers have to expect higher taxes in 2025!

Austria's workers have to expect higher taxes in 2025!

Österreich - From January 2025, Social security contributions for employees in Austria will increase noticeably. This applies in particular to the better earners, whose net income is likely to decrease even further, despite the announced tax relief. According to Finanz.at, the number of upgrading is increased to 1.063 for 2025, which represents an adaptation to inflation and influences the calculation of the social security limits. These changes mean that the monthly maximum contribution basis is increased from 6,060 euros to 6,450 euros, while the annual limit increases from EUR 84,840 to 90,300 euros. The reserves for special payments, such as vacation and Christmas bonus, are also increased: future maximum contributions are then 12,900 euros instead of the previous 12,120 euros.

changes for minor employees

In Germany, the contribution assessment limits for statutory health and pension insurance also increase in Germany on January 1, 2024. While the income limit in statutory health insurance is increased to 62,100 euros annually, the compulsory insurance limit is 69,300 euros annually. New borders will apply to general pension insurance in the future: 7,550 euros a month in the old federal states, while 7,450 euros are reached in the new federal states. These developments are crucial to stabilize social security and to ensure that even higher incomes are adequately brought into social security.