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Expenses for child care - tax deductible
07.02.2012.
Expenses for child care are tax deductible for children until the age of 10 (for disabled children until 16). The maximal amount which can be deducted is € 2.300 per year. The tax deduction will be treated as an extraordinary burden.
Read moreTax allowance for invested profits
17.11.2011. We would like to remind you of a tax break for small and medium sized companies and individuals in Austria. This tax break is called tax allowance for invested profits.
Read moreSeptember 30 – due dates
02.08.2011. Application for reduction.An application for reduction concerning the Income Tax prepayment 2011 and the Corporation Tax prepayment 2011 can be filed with the tax office until September 30 at the latest. Normally the basis for this application for reduction will be the taxable profit of the last tax assessment and the argument that the profit 2011 will be lower.
Read moreBeing an Expatriate in Austria – tax consequences
10.06.2011. General remarks - Expatriates have a special status in the Austrian Income Tax regime. If a person complies with the requirements of the Austrian Expatriate regulations there are interesting tax reliefs.
Read morePenalties for late Filing of Annual Statements starting with 2011
12.04.2011. Annual statements of legal entities must be filed within 9 months after the balance sheet date with the Austrian commercial register. Until now this deadline of 9 months has been handled quite flexible and penalties have been imposed very rarely.
Read moreBrief description: payroll accounting
09.11.2010. Trial employment (trial period). The aim of the trial employment (generally lasting a period of one month) is to establish whether the employee is suitable for the work in question and to allow the employee to become more closely acquainted with the prevailing situation at the respective company.
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