Update on COVID-19 subsidies

The following contribution provides an overview of planned and implemented changes to existing COVID-19 subsidies, as well as of new COVID-19 subsidies (last updated: 1 June 2021). Investment premium On 25 March 2021, the Austrian Investment Premium Act was amended with the announcement of the 2nd Austrian COVID-19 Tax Measures Act (2. COVID-19-StMG). The amendment […]

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COVID-19 Fixed Costs Subsidy 800,000

The Guidelines on the Fixed Costs Subsidy 800,000 (“FCS 800k”) entered into force in November 2020. On 16 February 2021, amendments to the Guidelines were published in the Austrian Federal Law Gazette. In the following entry (last updated 17 February 2021), we provide information on the most important points, including these amendments: General prerequisites for […]

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Lockdown: Extension of compensation for lost revenues

Due to the Austrian COVID-19 Prevention Measures Ordinance, in place since the beginning of November 2020, certain sectors in Austria are again subject to restrictions. To provide those affected with support as quickly and directly as possible, the Austrian Federal Government has introduced compensation for revenues which were lost due to the lockdown as an immediate […]

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