Employee assessment 2023
The 2023 employee tax assessment is just around the corner and it’s time to get to grips with this important process. Every year, you have the opportunity to reclaim overpaid taxes by submitting an employee tax assessment to the tax office. For many employees, this is an important opportunity to optimize their financial situation and gain an overview of their tax situation.
Differential taxation Austria
Differential taxation in Austria is an important tax instrument that is particularly important for resellers of second-hand goods such as cars, antiques, works of art and similar items. This procedure allows retailers to pay VAT only on the difference between the purchase price and the sales price, instead of on the entire sales price. This avoids a double tax burden, which is particularly advantageous when trading in used goods purchased by private individuals.
Integrated Reporting Framework
Integrated Reporting (IR) marks a paradigm shift in corporate reporting. Developed by the International Integrated Reporting Council (IIRC), the aim of IR is to provide a holistic view of a company’s value creation. This modern framework goes beyond traditional financial reporting and integrates financial, social, economic and environmental aspects into a single, coherent report.
Clearing accounts of GmbH shareholders
Clearing accounts of GmbH shareholders play a central role in the financial structure and internal accounting of limited liability companies. They serve as an instrument for processing and documenting financial transactions between the shareholders and their GmbH. Both contributions by shareholders to the GmbH and withdrawals from the GmbH to the shareholders are recorded in these accounts. These entries cover a wide range of transactions, from the settlement of business invoices by the shareholder via the GmbH to private expenses incurred by the GmbH on behalf of the shareholder.
What does a tax consultant do
The role of the tax advisor today Tax advisors play an indispensable role in the financial world that goes far
Tax allowance for volunteers
Overview of the volunteer allowance: From January 1, 2024, people who provide voluntary services can benefit from a tax-free basic
Employee bonus 2024
The temporary regulation on the tax-privileged inflation premium, which was originally valid until the end of 2023, was unexpectedly extended,
Austria as a business location
Austria is considered one of the most attractive business locations in Europe. This attraction stems not only from its stable
Tax rate 2024
Income tax policy has changed significantly in recent years, in particular due to the extensive elimination of cold progression. In
Tax relief for photovoltaics
The government’s latest environmental policy initiative manifests itself in tax incentives specifically designed for the purchase of photovoltaic systems in
Tax outlook 2024
As we move into the new year, there are also a number of tax changes that may be of interest
Growth Opportunities Act
New Growth Opportunities Act in Germany: Significant impact on the real estate sector On November 17, 2023, the German Bundestag
Optimize your taxes in 2023
Tax tips for the end of 2023: A comprehensive guide Introduction: The turn of the year is approaching and with
Tax changes for business liquidations in 2023
Energy cost allowance 2022: Application made easy! 💡 The year 2023 represents a turning point in the tax treatment of
Energy cost allowance 2022: Application made easy
Energy cost allowance 2022: Application made easy! 💡 September 2023 | Energy cost flat rate: Now until 30.11. Submit an
Interest barrier in accordance with Section 12a KStG: Innovations and effects on infrastructure projects
Updates on the interest barrier pursuant to Section 12a KStG: Insight into the draft of the non-climate-damaging infrastructure projects regulation
Start-up package Austria: Flexible capital company & new GmbH law 2023
Innovations in company law 2023: Presentation of the FlexKapG and revision of the GmbH law. Opportunities for start-ups and entrepreneurs
