How much rental income tax am I liable for?
As of 2022/23, rental income tax rates in Austria sit between 20% and 50%. How much you pay will depend on the tax band you fall into.
Rental income is taxed as income in Austria and is therefore subject to the same rates as income tax which in 2021 were as follows: Up to 11,000 = 0%, 11,001 – 18,000 = 20%, 18,001 – 31,000 = 35%, 31,001 – 60,000 = 42%, 60,001 – 90,000 = 48%, 90,001 – 1,000,000 = 50%, above 1,000,000 = 55%.
For non-resident owners who live in the property less than 70 days per year, the 0% band is reduced to €3,000.
Dual taxation agreement exists between the Austria and many other countries to ensure that you are not taxed twice on the same income.
