January 29, 2023 admin Post in Allgemein Working for an embassy in Austria If you are working for an embassy in Austria and are supposed to pay austrian social insurance and austrian income tax we can help you in doing so. Please contact me for further information Continue Reading
June 24, 2022 admin Post in Allgemein Capital assets abroad Dividends, interest and capital gains generally are taxed in Austria with 27,5%. People moving from abroad to Austria will face the problem that their capital assets abroad become taxable in Austria. Questions arise wether foreign paid witholding tax can be credited to the Austrian income tax or not. Capital gains are taxed as difference between purchase price and selling price. Gains unrealized abroad should not be part of the gain in Austria. Many tax payers face the problem that they hold funds abroad. In Austria the income of the fund is taxed yearly. While for "Meldefonds", reporting funds the problem is minor, people holding "Nichtmeldefonds", nonreporting funds (black funds) can result in high tax payments. Everyone moving to Austria should optimize their portfolio in order not to pay any additional taxes which in case of black funds can result in a high loss. Please contact me for further information. Continue Reading
January 31, 2022 admin Post in Allgemein Working as pilot in Austria Are you working as pilot for an austrian headquarter? Even if you dont reside in Austria you can be treated as austrian tax payer with the same rights as people living in Austria. If you have any questions on your tax situation contact us. Continue Reading
January 31, 2022 admin Post in Allgemein Moving to Austria for university professors University professors who move to Austria can apply for a tax relief and thereby significantly reduce their tax base. Contact us for further questions Continue Reading
January 25, 2022 admin Post in Allgemein Cryptocurrency tax reform The taxation of cryptocurrencies has been fundamentally changed. All coins purchased after February 28th 2021 will be subject to a new taxation. Contact us to get the best possible outcome from the tax reform. Continue Reading
April 10, 2021 admin Post in Allgemein Relocation costs If you relocate to Austria for working purpose - costs for moving and real estate agencies might be deductable resulting in a considerable tax refund. Please contact us for further information. Continue Reading
April 10, 2021 admin Post in Allgemein NOVA refund When a vehicle is brought or delivered abroad, part of the NOVA can be refunded. We can help you with this application. Please contact us. Continue Reading
April 10, 2021 admin Post in Allgemein Home office Costs for an ergonomic desk or office chair can be deducted with a maximum amount of EUR 150 in the tax year 2020. Further information is published on the website of the BMF. Continue Reading
September 5, 2020 admin Post in Allgemein Foreign pensions in Austria Do you live in Austria and do you have income from foreign pensions? Under certain circumstances, according to §73a ASVG, contributions to health insurance are due in Austria. These contributions are not automatically taken into account in your income tax declaration. Please do not forget these deductable expenses! Please contact us for further information. Continue Reading
September 5, 2020 admin Post in Allgemein Flat rate for artists and members of the stage Do you work as an employed artist or are you a member of the stage (for example for the opera or as a ballet dancer)? Even without proof of any bills, you can deduct 5% of your tax base, but not more than 2,628.00 EUR per year. Sounds good? Continue Reading