English Business News 02/2022

We would also like to update our English speaking clients on a quarterly basis about the most recent developements in tax matters and any related topics.
 Survey: Digitization of accounting processes

Survey: Digitization of accounting processes

As part of the study commissioned by Mazars Austria in April 2022, TQS Research & Consulting surveyed companies with 20 to 500 employees in Austria on the digitization of their accounting processes.

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Increase in commuter allowance

Mazars pleads for more relief of small incomes and increase of the mileage allowance - relief of low earners corresponds to two tank fillings per year - mileage allowance not increased since 2008.

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Increase in commuter allowance
Energy Cost Compensation Act 2022

Energy Cost Compensation Act 2022

For the period until 2023, the advance compensation was increased to 25% of the compensation amount of the previous compensation period.

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