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Higher Basic Tax Allowance from 2024

The basic tax allowance is the amount of taxable income up to which no income tax is calculated. In 2023, the basic tax allowance was raised from €10,347 in 2022 by €561

1 min readUpdated: 2023-12-05

The basic tax allowance is the amount of taxable income up to which no income tax is calculated. In 2023, the basic tax allowance was raised from €10,347 in 2022 by €561 to €10,908. A further increase to €11,604 is planned for 2024. For jointly assessed spouses, the basic tax allowance is doubled.

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