Tax & Financial Insights
Stay informed about Austrian tax regulations, business matters and financial developments with practical insights from TAX AUSTRIA.
TAX & BUSINESS
Chamber fees as income‑related expenses for a trainee solicitor
The Federal Fiscal Court (BFG) has clarified that trainee solicitors can claim the compulsory chamber fees for membership of the Bar Association and the contributions to the pension scheme as income‑related expenses for tax purposes.
INTERNATIONAL TAX
Simplification rule for triangular transactions
The Administrative Court (VwGH) has referred to the Court of Justice of the European Union (CJEU) on the question of whether the simplification rule for triangular transactions can be applied “from now on” following the subsequent issuance of a correct invoice.
VAT
Passing on costs in VAT
In business practice the question often arises how the passing on of costs should be treated for VAT purposes. It must be clarified whether a pass‑on is subject to VAT and – if so – which rate applies.
TAX & BUSINESS
Planned Legislative Changes
With the planned Tax Amendment Act 2025 (AbgÄG 2025) the existing provisions are to be aligned with current economic developments and European requirements, to simplify administration and to strengthen tax fairness and legal certainty.
TAX & BUSINESS
Main Residence Exemption: Division into Tax‑Exempt and Taxable Areas
When a property that has served as a main residence is sold, the profit can be exempt from tax, at least up to a certain land size. But what happens if the land is larger or has different designations?
HR & PAYROLL
Half tax rate for the pension lump sum
If a managing director is granted the option of a cash settlement instead of a promised ongoing old‑age pension, he must exercise this option on the day of the business cessation in order to be able to claim any income‑tax advantages.
TAX & BUSINESS
Tax Confidentiality: Abolition of Official Secrecy
Official secrecy has been abolished and, at the same time, the duty to provide information introduced. The so‑called tax secrecy is likely to be little affected by the legislative change.
VAT
Agricultural Side Activities and the Small‑Business Turnover Threshold
From 1 January 2025 the turnover threshold for applying the small‑business exemption was raised from EUR 35,000 net to EUR 55,000 gross. The change also affects agricultural and forestry operators with side activities.
TAX & BUSINESS
Local tax: Increases planned in Vienna, Burgenland and Carinthia
In tourism, a so‑called local tax must be paid for the accommodation of guests. The provisions on the local tax are not regulated at federal level but are enacted by the individual states. In the states of Vienna, Burgenland and Carinthia the local tax is to be increased in 2026.
TAX & BUSINESS
Tax Tips for Year-End
The turn of the year offers company management a good opportunity to question certain matters, make new decisions and position themselves optimally for the coming year.
TAX & BUSINESS
Changes to FinanzOnline
From 1 September 2025 new rules apply to all users of FinanzOnline. The aim is a secure, fully digital communication with the tax administration.
TAX & BUSINESS
Temporary Doubling of the Investment Allowance
The general investment allowance rate (IFB) of 10% is temporarily doubled to 20%, as is the rate for eco‑investments from 15% to 22%.
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