Increase of commuter allowance and “commuter euro” ends

The increase of the commuter allowance and the “commuter euro” was limited to the period from May 2022 to June 2023. The Austrian Government is currently not planning an extension and therefore, increased commuter subsidies can be used for the last time for June 2023. Thus, as of July 2023, the old values pursuant to […]

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Wage tax and social security relief measures in the 3rd Austrian COVID-19 Act

1. Tax-free allowance for bonuses and special payments employees receive in connection with the COVID-19 crisis (Section 124 subpara 350 Austrian Income Tax Act (EStG), Section 49 para 3 subpara 30 Austrian General Social Insurance Act (ASVG)) An allowance of up to EUR 3,000, free from both income tax and social security contributions, will be granted in the calendar year 2020 […]

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