New minimum share capital for the “GmbH”
Until the end of last year, the minimum share capital of a GmbH was 35,000 euros, half of which, i.e. 17,500 euros, had to be paid in cash. However, to make it easier to set up a GmbH, the previous legal situation already provided the option of setting up a GmbH with less capital. For […]
Employee tax assessment: optimise your 2023 taxes now!
We are continuing our series of workshops on employee tax assessment this year. Our tax experts will once again provide your employees exclusively with information on all the relevant basics and give practical tips on how to optimise their own employee tax assessment. All participants will receive the tools they need to optimise their personal […]
SI contributions of a shareholder-director
Good News: Social security contributions are also business expenses of the shareholder-director within the scope of his basic lump sum if they are paid by the GmbH. In a recent ruling of the Administrative Court (VwGH), it had to decide whether social security contributions of a shareholder-director also count as business expenses within the framework […]
Input tax refund in the EU and third country
If Austrian entrepreneurs who are entitled to deduct input tax in Austria pay invoices for their business abroad, the entrepreneur must pay the gross amount, i.e. including foreign VAT. This often concerns hotel bills, petrol or restaurant bills in the context of business trips. However, the VAT paid can be refunded afterwards – under certain […]
The 2022 Employee Tax Assessment
At the beginning of the year, a lot of employees face a challenge when it comes to the Employee Tax Assessment. Many do not do it because they simply do not know what to transmit. Others have the opinion that they will not get something out of it and so it is not worth their […]
Charging company e-cars & bikes
In deviation from the first draft of the new ordinance on benefit in kind-values („Sachbezugswerte-Verordnung“), reimbursements by the employer for charging will not remain unlimited tax-free. Instead, the following rules apply to the charging of emission-free company vehicles: A benefit in kind value of 0 Euro is to be applied if the vehicle is charged at […]
The end of the “Cold Progression” is set
The “Cost of Living Relief Package II” has already been enacted by the parliament. Thereby, an automatic inflation adjustment of the substantial component elements in income taxation takes place starting in 2023. The two lowest-income tax brackets were increased by 6.3 %, while the rest by 3.47 % (These are two-thirds of the Inflation rate […]