Government and institution measures in response to COVID-19.
Government and institution measures in response to COVID-19.
Return to homepage | Last updated: 14 October, 2020
Click here to see a comprehensive summary of jurisdictional tax measures and government reliefs in response to COVID-19.
In order to react to the current circumstances regarding shut-downs of businesses, with retroactive effect from 1.3.2020, a new short-time-work model came into force which provides for significant improvements:
Parental leave
Self-employed professional & gig workers
Loan guarantees:
Crisis management fund:
The measures include:
Start-ups: Loans do not work for many startups because the criteria disqualify quite a few:
Other measurements:
The Austrian traffic light system (Corona-Ampel) was introduced as a weekly epidemic risk assessment on a regional level.
According to the assessment criteria (see table on the right) each region is allocated a (traffic light) color. The color then is the basis for decisions on behavioral measures for both the regional government and individuals.
Main sources of information
Beneficiaries:
Customs audits
Payment facilities
Extension of deadlines:
Excise
Tax: Christoph Plott – cplott@kpmg.at
Restructuring: Michael Nayer – mnayer@kpmg.at
Legal: Dieter Buchberger – dbuchberger@kpmg-law.at / Wendelin Ettmayer – wettmayer@kpmg-law.at