What is the tax rate

What is the personal tax rate?

The personal one tax rate is the average tax rate for all your income. It is given as a percentage, i.e. it shows what percentage of your annual income you have to cede to the tax office.

To find out how the tax officials determine your income, see our article Revenue, Income, Income - This is how your income tax is calculated.

How can I calculate my personal tax rate?

You have to multiply the income tax you paid and then divide it by your taxable income. You can find out how much income tax you have paid and how much your taxable income is in your tax assessment.

An example: Sven earned a total of 30,000 euros in 2020 and paid 5,187 euros in income tax. His personaltax rate is calculated using the following formula:

5,187 euros x 100 / 30,000 euros = 17.29 percent

Sven's average tax rate in 2020 is 17.29 percent of his total income.

Alternatively, you can calculate your personal tax rate with the income tax calculator of the Federal Ministry of Finance. Here, however, your tax rate is called the average tax.

By the way:

If you have not yet received a tax assessment, a VLH advisor will be happy to help you with the calculation. You can find a consultant near you here: Consultant search.

This is an editorial text from the VLH editorial team. There is no advice on topics that are outside the tax advisory powers of an income tax aid association. Consulting services in specific individual cases can only be provided within the framework of the establishment of a membership and exclusively within the advisory authority according to ยง 4 No. 11 StBerG.