Family allowance increases by 4.6 %: financial discharge in sight!

Family allowance increases by 4.6 %: financial discharge in sight!

In a pleasant turn for families in Austria, family allowance is increased by 4.6 % for 2025. This was possible because the state has adapted family services to inflation since 2023. This measure comes at a time when the households are heavily burdened by increasing living costs, especially for energy and food. Every family in Austria is entitled to this support for children up to 18 years, with certain exceptions for children in training or with disabilities. As early as birth, there is 138.40 euros per child, which can lead to an annual increase of around 1,400 euros in two children, as the Kosmo platform reported. It is a step to help families in a challenging economic environment.

But the situation in Germany remains tense. Inflation has accompanied the population since corona apandemia and the purchasing power of many people has dropped. Despite a more moderate inflation of 1.6 % by September 2024, life remains expensive. As Deutschlandfunk reports, the purchasing power of households has decreased on average by a fifth; Above all, less favored households hit this. A family with a double salary and two children can save a total of 410 euros with new tax regulations in 2024 alone with their gross salary of EUR 4167. In addition, there is an increase in the citizens' allowance and the children's surcharge, which will benefit everyone whose income is not enough for the family

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