19.07.2023

Company bicycles: Austrian Ministry of Finance (BMF) and Austrian Health Insurance Fund (ÖGK) provide additional information on company bicycles as popular employee benefits

Company bicycles have become increasingly popular. This is largely due to their positive impact on the climate and tax benefits. In this article, we will look into the tax treatment of lease instalments for employers and employees, as well as the option for takeover after the end of the lease term. Current lease instalments for […]

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11.05.2022

Input VAT deduction on expenses from company outings

Due to the amendment of Section 23 Austrian VAT Act (UStG), the tolerance limit for input VAT deduction for travel-related input supplies for company outings (away days) has ceased to apply. Company outings fall under the scope of Sec 23 UStG and are thus attributable to travel-related supplies from a VAT perspective. Travel-related supplies are generally subject […]

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