August

Home / Tolley's Global Mobility: Employment Taxes (Europe) /Monthly Updates /2024 / August

Country	New development	Further reading
Austria	On 1 July 2024, the Austrian Federal Ministry of Finance released a Federal Finance Court decision dealing with a case involving the tax treatment of the use of an employer's own vehicle for private purposes.	Austria 3.2
	On 4 July 2024, the Austrian Ministry of Finance released new draft personal income tax brackets detailed as follows: Income bracket: less than EUR 13,308: tax rate: 0% Income bracket: EUR 13,309–EUR 21,617: tax rate: 20% Income bracket: EUR 21,618–EUR 35,836: tax rate: 30% Income bracket: EUR 35,837–EUR 69,166: tax rate: 40% Income bracket: EUR 69,167–EUR 103,072: tax rate: 48% Income bracket: EUR 103,073–EUR 1,000,000: tax rate: 50% Over EUR 1,000,000: tax rate: 55% For single earners or employed single parents with low incomes, a child allowance will be applicable in the form of an increased tax credit of EUR 60 per month and child. The daily and overnight allowances will be increased. Daily allowances for domestic business trips can be up to EUR 30 (previously EUR 26.40). The overnight allowance will be increased from EUR 15 to EUR 17. The mileage allowance