Tax compensation 2024: up to 1,000 euros repayment with a new app!

Tax compensation 2024: up to 1,000 euros repayment with a new app!

Österreich - From March 2025, tax equalization in Austria will be child's play for dependent taxpayers. The submission of their tax return to the tax office alone can expect an average of around EUR 1,000, as Kosmo . Employers are obliged to transmit the annual wage slips by the end of February, which marks the beginning of the reimbursement process. With the help of a new online calculator and the taxefy tax app, taxpayers can now quickly calculate their expected credit at the tax office and conveniently carry out the income tax compensation from the cell phone.

advantages and innovations in tax equalization

For 2024 there are various changes that particularly benefit families. The family bonus plus is now up to 2,000 euros per child under the age of 18, while the additional child amount has been raised to 700 euros. The single earner and single parental deduction also increase to at least 572 euros, as explained in an article by Finanz.at . From July, the automatic predisposition for taxpayers will also take place, which do not apply to their own application - the repayment here could be around half lower.

The applications can be submitted before the deadline on February 28, 2025. After the applications have been submitted, many expect the processing between three and four weeks, with the tax office having up to six months to deliver notices. This could secure their tax repayments faster than ever and benefit from new advantages. Glossy tax happiness is only one click away!