As of 1 January 2024, employees of start-ups and young companies have been able to participate in the company success of their employer more easily and with tax benefits by issuing start-up employee shares. This requires, among other things, correct processing in the payroll account and the form L16. Tax and social security contribution benefits […]
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As of 1/1/2024 the new and tax-free “employee bonus” was implemented by the legislator. In contrast to the cost-of-living bonus, the new employee bonus must be fully paid on the basis of a wage-setting regulation. The regulations for the previous cost-of-living bonus have expired with 31/12/2023. The newly established employee bonus is tax-free up to […]
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The amendment to the Austrian Ordinance on the Valuation of Certain Benefits in Kind regarding interest savings includes new provisions on salary advances and employer loans bearing no or low interest. Interest savings on salary advances and employer loans As of 1 January 2024 new methods for calculating interest savings on salary advances and […]
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The amendment to the Austrian Ordinance on the Valuation of Certain Benefits in Kind to deal with electric vehicles includes clarifications regarding the allocation of charging quantities and the calculation of benefits in kind for leased charging devices: Amended with retroactive effect as of 1 January 2023: Charging of zero-emission vehicles If a company-owned electric vehicle […]
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In order to stay competitive in today’s globalised world, companies and their employees are increasingly required to perform their work across borders. In many cases also the management is faced with international fields of work and responsibilities along with flexible working hours and places. In this blog entry you will learn which tax issues are […]
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Effective from 1 January 2023, bracket creep was abolished in Austria. However, until now one third of the inflation has not been taken into account yet. On 15 September 2023, the Council of Ministers adopted a circular resolution (MRV 69a/1) on this matter, outlining the basics of the new relief measures. The competent Federal Ministries […]
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In future days spent working from home will not count adversely as non-return days An amendment of the current regulation on cross-border workers pursuant to Article 15 para. 6 double taxation agreement Germany (DTA) will bring easements regarding working from home activities as of 1 January 2024 and thereby do justice to changed forms of […]
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