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

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.


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.


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.