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Tax changes in Austria - Slow steps towards a sustainable future

The recently announced tax reform will bring total tax relief of EUR 18 bn from mid-2022 up to and including 2025, focusing on the reduction of income tax rates and the start of CO2 pricing. Once all measures have been fully implemented in 2024, the annual tax relief compared with the status quo will be around EUR 4.5 bn or 1 percent of GDP. Strong economic growth should enable smooth financing, so we have not changed our budget and debt forecasts.

as of October 2021.

Detail:

  • Length: 5 pages
  • Language: English

 

Fuelling will soon be cheaper, but not in the long run

The rapid recovery of the global economy from the pandemic has triggered a sharp rise in the price of crude oil on the world markets, which has pushed up the price of fuel at Austrian petrol stations sharply. However, the price of crude oil has probably peaked and we therefore expect fuel prices in Austria to begin to ease. In the medium term, however, higher fuel prices are to be expected again. The reason for this are possible tax changes, such as the abolition of the so-called diesel privilege and an increase in mineral oil tax within the framework of the new climate protection law.

 

as of September 2021.

Detail:

  • Length: 7 pages
  • Language: English

 

Analyses Archives

2021

Tax changes in Austria - Slow steps towards a sustainable future (October 2021; PDF; 2 MB)
Fuelling will soon be cheaper, but not in the long run (September 2021; PDF; 2 MB)
Revenue from tourism in the "year of the coronavirus" 2020 (May 2021; PDF; 2 MB)
The effects of the first pandemic wave on the labour market (January 2021; PDF; 2 MB)

2019

Brexit and the consequences for the Austrian export industry (September 2019; PDF; 309 KB)
Real Estate Country Facts Austria (September 2019; PDF; 1 MB)
Is globalization dead? (August 2019; PDF; 343 KB)
Holiday€uro (May 2019; PDF; 338 KB)

2018

Real Estate Country Facts Austria (September 2018; PDF; 6,5 MB)
Holiday€uro (June 2018; PDF; 396 KB)

2017

Real Estate Country Facts (October 2017; PDF; 2.7 MB)
Holiday€uro Summer 2017 (May 2017; PDF; 457 KB)

2016

Why unemployment in Europe is not falling across all countries (October 2016; PDF; 323 KB)
Real Estate Country Facts (October 2016; PDF; 5 MB)
Holiday€uro (June 2016; PDF; 504 MB)

2015

Real Estate Country Facts (October 2015; PDF; 2 MB)
Holiday€uro (July 2015; PDF; 2 MB)
Austria: Lower tax burden but higher deficit in 2016 (March 2015; PDF; 336 KB)

2014

Real Estate Country Facts (September 2014; PDF; 4 MB)
Inflation risk in Austria? (January 2014; PDF; 279 KB)

2013

Discussion on "budget gap" in Austria (November 2013; PDF; 235 KB)
Real Estate Country Facts (September 2013; PDF; 2,5 MB)
Holiday€uro Summer 2013 (June 2013; PDF; 261 KB)
The new perspective of foreign trade (January 2013; PDF; 248 KB)

2012

The Austrian Real Estate Market: an oasis of calm? (July 2012; PDF; 2MB)

2011

Holiday€uro Summer 2011 (May 2011; PDF; 204 KB)

2010

Currency War? The big war, the small burger and the large cake (November 2010; PDF; 132 KB)
Holiday€uro Summer 2010 (June 2010; PDF; 134 KB)
Holiday€uro Spring 2010 (March 2010; PDF; 202 KB)

2009

Holiday€uro Winter 2009 (December 2009; PDF; 208 KB)
Has Austria taken on too much? (April 2009; PDF; 274 KB)

2008

Oil and Gas Dependence of EU-15 Countries (February 2008; PDF; 835 KB)

2007

Brief evaluation of the Austrian government's 2007 programme (January 2007; PDF;153 KB)