Home office: tax optimizing through personal tax return
Did your employees buy a headset, webcam or monitor? Did they set up a work room and used it intensively? In exclusive workshops and webinars we will show your employees how to optimize their tax refund! Noncommittally request preferred dates. We can offer our legal advice and practical tips for your home office agreement. Take a look […]
Attention! Wage account!
At the end of March a decree has been issued, which states that the number of days an employee spends working exclusively remote, has to be shown on the wage account. The same applies to Home Office – lump sums that are paid out by the employer. FAQs Finance Ministery P.S.: Our payroll clients are provided […]
Extension of Covid 19 short-time work
The number of employees in short-time work remains high with a total of 460.000. The threat of a lockdown and shut down of businesses has not yet been averted. Thus the Council of Ministers decided to extend the short-time work until June 2021. Essentially this fourth phase of short-time work will follow the same rules […]
Aid for indirectly affected
The turnover of November and December 2020 of indirectly affected by the lockdown will get compensated similar to the sales compensation for directly affected. The requirement for the application is that the sales connection with one or more businesses closed due to the lockdown is at least 50 %. Additionally there has to be a loss […]
Attention Baby Boomers
You are just about to reach your standard retirement age of 60 for men or 65 for women? You are thinking about continuing your professional activity? In the case of such a retirement referral it is possibly to get a 3-year bonus phase. During this bonus phase the retirement contribution payments are only 50% (employee […]
Corona testing: Working time or leisure?
With Austria having implemented some cost free testing facilities, as well as a higher testing ratio prior to the holidays, the question occurs: Is participation in testing working or leisure time? According to the chamber of commerce (“Wirtschaftskammer”) a voluntary participation in testing (i.e. a participation of an employee, who is not obliged via regulation […]
Special supervision time
Since November it is possible to grant a special supervision time to the employee and as an employer to receive a refund. More information on this regulation can be found here. Is retroactively applicable from Nov 11th, 2020 onwards. As it is intended that it is applicable retroactively, it should be fine to consider the […]
New values for 2021
The official values for 2021 are now finale. Following new values are to be considered: Maximum contribution basis Daily: € 185,00 Monthly: € 5.550,00 Yearly for special payment: € 11.100,00 Monthly for freelancers without special payments: € 6.475,00 Marginal employment values: Monthly: € 475,86 Values for „Dienstgeberabgabe“ (DAG): € 713,79
Commuter Allowance: Time limitation in regards to the Covid-19 exception regulation
Information on new regulation in regards to commuter allowance and Covid-19 exception can be found here. Beginning of April it has been decided that in case of Covid-19 reasoned short time working, home office or quarantine, no reduction in regards to commuter allowance will be applied, i.e. employees can still receive their full commuter allowance […]
Wage Tax Reduction
The corona crisis has led to a wage tax reduction for all employees. In order to raise the spending capacity of their citizens during the corona-crisis, the National Council has decided to implement the planned tax reduction earlier, than initially planned – therefore, the decrease of the “starting taxation rate” from 25% to 20% applies […]