Tax & Financial Insights
Stay informed about Austrian tax regulations, business matters and financial developments with practical insights from TAX AUSTRIA.
HR & PAYROLL
Details of the new tax‑free employee premium
The Budget Support Act 2025 introduced a new tax‑free employee premium of EUR 1,000 per year for 2025. Differences compared with previous premiums must be taken into account.
TAX & BUSINESS
Acquirer Group and Real Estate Company
The Budget Support Act 2025 provides for significant tightening in the area of real estate transfer tax (Grunderwerbsteuer, GrESt) on transfers of shares in companies whose assets include land. Two new terms have been introduced: acquirer group and real estate company.
TAX & BUSINESS
New Funding Opportunities for Photovoltaic Systems and Energy Storage
To prevent an investment halt in the renewable energy sector, new funding opportunities for photovoltaic systems and energy storage have been enshrined in law.
TAX & BUSINESS
Increase in the foundation entry tax and the interim tax from 2026
The private foundation is an established instrument for wealth management. As an owner‑less legal entity it enables assets to be tied to a defined purpose and protected from fragmentation. From 1 January 2026 tax increases will apply.
VAT
Fake invoices: No input tax deduction for the invoice recipient
If invoices show VAT even though no services have been provided, they are considered fake invoices. The VAT shown on such fake invoices must be paid by the issuer, while the invoice recipient is not entitled to an input tax deduction.
TAX & BUSINESS
Associations: Record‑keeping Obligations for Volunteer Allowances and Travel Expense Reimbursements
To support the work of volunteers, charitable organisations such as associations have been able to make tax‑free payments to their volunteers since 2024 (the so‑called “volunteer allowance”).
TAX & BUSINESS
Timing of cash outflow for credit‑card payments
Expenses incurred by an employed managing director that were paid with a credit card can only be claimed as tax‑deductible expenses in the year in which the credit‑card statement is actually debited from the bank account.
TAX & BUSINESS
No reinstatement to the previous state due to missed deadline because of holiday
A holiday does not relieve one from the duty to ensure proper representation and deadline monitoring.
VAT
No VAT liability on reimbursement of training costs?
If an employment relationship is terminated by the employee, they may be obliged to repay training costs. This reimbursement no longer has to be treated as subject to VAT.
HR & PAYROLL
Holiday work pay and allowances
If an employee is required to work despite a public holiday, they are additionally entitled to holiday work pay. The Federal Fiscal Court (BFG) has now clarified that such holiday work pay cannot be accounted for tax‑free unless it includes an additional allowance for working on a public holiday.
VAT
Annual Bonuses, Discounts & Co
Especially in the trade sector, annual bonuses, discounts and other price reductions are common marketing tools that companies receive from their suppliers. These price reductions must be treated correctly for VAT and special aspects need to be observed.
TAX & BUSINESS
Application for Extension of Donation Eligibility for Associations
Formal requirements must be met for donation eligibility of associations; in particular, an existing donation eligibility must be extended each year.
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