1,000 Euro Financial Boost: Government Plans New Bonus

The new performance bonus provides up to €1,000 tax-free. ©Canva (subject)
Good news for employees in Austria: A new tax- and duty-free performance bonus of up to 1,000 euros is set to be introduced this year.
Following the inflation bonuses of 2022 and 2023, where companies could pay their employees up to 3,000 euros tax-free, a new performance bonus is now coming. This is to be introduced with a maximum amount of 1,000 euros per year and will remain tax- and duty-free, as reported by finanz.at.
Unlike previous regulations, the new bonus will no longer be tied to company agreements or collective agreements. Employers can decide independently on the allocation. Particularly pleasing: The bonus is open to all forms of employment - from full-time to part-time to marginally employed.
Economics Minister Wolfgang Hattmannsdorfer (ÖVP) emphasizes the importance of this measure: "We are saving, we are consolidating – but we must not forget the people who work daily for jobs and prosperity." The implementation is planned for the current year, despite general austerity efforts and budget consolidation.
This article has been automatically translated, read the original article here .
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