Advance tax agreements issued before 1 January 2015 will cease to apply at the end of the 2019 tax year.
Luxembourg has increased the minimum statutory paid leave. It has also added a new statutory public holiday.
Luxembourg periodically increases the wages of all employees in line with the cost of living, regardless of salary rate. The last indexation increase was in October 2013. The Luxembourg Central Bank has indicated that it expects the next indexation increase will be in Quarter 1 of 2016 at a forecasted rate of 2.5%.
If approved by Parliament, the measures will be effective from January 1, 2015