Independent contractors (freie Dienstnehmer) play a special role in the modern world of work: they are neither classical employees nor fully self-employed. Their correct contractual classification and subsequently the classification regarding social security and taxes is particularly important in order to gain legal certainty and pay the correct amount of levies and contributions. This article […]
Author: Justyna Tekenbroek
Tax-free profit participations for employees
On 20 January 2022, the Austrian parliament approved tax-free profit participations for employees as part of the eco-social tax reform. If the legislation is passed, the measure will already apply to payments made in 2022. Many employers will be asking the following question: How can we make use of the tax benefit within existing bonus models? […]
Covid Bonus 2021
On 16 December 2021, the Austrian National Council (lower house of parliament) approved not only tax-free Christmas vouchers of up to EUR 365 p.a., but also tax-free COVID-19 bonuses for 2021. (When the legislation will enter into force has not yet been announced). Below we provide an overview of the most relevant questions: What is […]
