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Slight increase in tax revenue in Saxony

Slight increase in tax revenue in Saxony
Tax revenues in Saxony increased slightly in the first half of 2025 compared to the previous year. (Symbolic image) / Photo: Monika Skolimowska/dpa
From: DieSachsen News
Tax revenue in Saxony in the first half of the year is above the previous year's level. The situation at the end of the year is still uncertain.

The Free State of Saxony collected a good 9.8 billion euros in taxes in the first half of 2025. This is slightly more than in the same period last year with just over 9.5 billion, as the Ministry of Finance in Dresden announced in response to a dpa inquiry. The increase corresponds to 3.3 percent.

The Ministry of Finance did not wish to provide an assessment of the figures. A spokesperson explained that it was not yet possible to draw any reliable conclusions from the tax revenue at the middle of the year regarding the revenue at the end of the year, citing numerous individual and special effects on tax revenue and the settlement of the fiscal equalization scheme.

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Tax estimators expect a plus at the end of the year

Last year, the country's tax revenue totaled a good 19.3 billion euros. According to the latest tax estimate in May, the Saxon state budget can expect tax revenue of 19.7 billion euros for 2025.

In its forecast for the further development of tax revenue, the Tax Estimates Working Group expected 20.3 billion euros for 2026. For Saxony's municipalities, on the other hand, it assumed a significant decline in tax revenue for both years.

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