Answers at a glance.

For ongoing bookkeeping, we need all incoming and outgoing invoices, bank documents, cash records, credit card statements, and any other tax-relevant receipts. The more complete the documents you provide, the more efficiently the bookkeeping can be carried out.

Most companies submit their receipts monthly. For smaller businesses, quarterly submission may also be sufficient.

Ideally, the documents should be available by the 5th of the following month at the latest, so that all tax deadlines can be met on time.

The UVA (Umsatzsteuervoranmeldung) is the ongoing reporting of VAT to the tax office. It offsets the VAT from outgoing invoices against the input VAT from incoming invoices. The difference results in either a payment due or a credit.

As a rule, the UVA must be filed by the 15th day of the second following month. Any resulting payment is likewise due by this date.

No. Small businesses that meet the requirements of the small-business scheme (Kleinunternehmerregelung) are generally exempt from the obligation to file a UVA.

Small businesses do not have to charge VAT and generally do not have to remit any VAT. In return, however, there is no entitlement to input VAT deduction. Since 2025, a turnover threshold of 55,000 euros per year applies.

Yes. Entrepreneurs can waive the small-business exemption and opt for standard taxation. This makes an input VAT deduction possible.

Input VAT (Vorsteuer) is the VAT that businesses pay on their business purchases. Under certain conditions, this can be reclaimed from the tax office.

A proper invoice must include, among other things, the issuer, the recipient, sequential numbering, a description of the service, the date of supply, the amount, and the VAT (in % and €). Only then is an input VAT deduction possible.

As a rule, the retention period is seven years. In certain cases, for example with real estate, longer periods may apply.

A cash register obligation generally applies when annual cash sales exceed 7,500 euros and total annual turnover exceeds 15,000 euros.

Late filings can lead to late-filing surcharges, default surcharges, and, where applicable, consequences under fiscal criminal law.

When submitted electronically via FinanzOnline, generally by June 30 of the following year.

Income tax applies to natural persons, for example sole proprietors. Corporate income tax applies to corporations such as GmbHs and AGs.

Yes. Your company's profit is generally subject to income tax.

Corporations are subject to corporate income tax on their taxable profit. A minimum corporate income tax may also arise even in the event of losses.

The ZM (Zusammenfassende Meldung / recapitulative statement) is a report on certain intra-Community supplies of goods and services within the EU and is filed in addition to the VAT return.

Under the reverse charge procedure, it is not the supplier but the recipient of the service who owes the VAT. This frequently applies to cross-border services within the EU.

Before they start work, employees must be properly registered with the Austrian Health Insurance Fund (Österreichische Gesundheitskasse, ÖGK).

Payroll accounting involves calculating wages and salaries, social security contributions, wage tax, supplements, and special payments, as well as preparing all required reports.

Holiday pay and Christmas pay are considered special payments and are subject to specific tax concessions in Austria.

Sick leave must be documented and correctly accounted for in payroll. Depending on its duration, there is an entitlement to continued payment of remuneration.

Yes. Under certain statutory conditions, mileage allowances, per-diem allowances, and overnight allowances can be paid out tax-free.

Only if there is a clear business connection. Private expenses are generally not tax-deductible.

Ideally as early as when founding the company. This helps avoid tax errors and allows planning opportunities to be used at an early stage.

Up-to-date reports provide an overview of revenue, costs, liquidity, and profit trends, and support entrepreneurial decisions.

Yes. We support our clients during tax audits, prepare the documents, and handle meetings and correspondence with the auditors.

By outsourcing your bookkeeping, you gain time for your core business, reduce risks, and benefit from up-to-date expertise in tax and levy law.

Only if there is a clear business connection. Private expenses are generally not deductible. For items used for both private and business purposes (e.g. laptop, phone, internet), an appropriate apportionment is required.

Generally, yes. Proper receipts should be available for input VAT deduction and for the expense to be recognized for tax purposes. Missing receipts should be documented promptly; however, this does not replace an invoice showing VAT.

Only if used exclusively for business. With mixed use, the private share must be excluded; the apportionment should be documented in a way that is easy to follow.

For business trips made with a private vehicle, a mileage allowance can be applied under certain conditions. Alternatively, actual costs can be claimed using a logbook and apportionment. Which option is more favorable depends on the individual case.

Default surcharges, claim interest, and late-filing surcharges may be incurred; in serious cases, consequences under fiscal criminal law may follow. The sooner you respond, the better any disadvantages can be limited.

No. For cash payments, a proper receipt from the supplier is required. An account or credit card statement does not replace the invoice.

Not necessarily. This can be correct, for example, with small businesses, reverse charge cases, or VAT-exempt supplies. Whether an input VAT deduction is possible depends on the specific circumstances.

Yes. Electronic invoices must be retained just like paper receipts. What matters is complete invoice data and orderly archiving.

For many intra-Community B2B services, the UID (VAT ID) is a key element of the correct VAT treatment. If it is missing, errors may arise with reverse charge, the EC Sales List (ZM), and invoicing.

Contracts and payments must be at arm's length, actually carried out, and documented in a way that is easy to follow. Otherwise, there is a risk that they will not be recognized for tax purposes.

Before starting work. Late registration can trigger substantial back payments and administrative penalties.

Under certain conditions, there are tax concessions and exemption limits/allowances. The exact treatment depends on the type and amount of the benefit.

Only if there is a business reason (e.g. a business meal) and the participants and purpose are documented. Purely private hospitality is not deductible.

This is only possible under strict conditions. The decisive factor is, in particular, whether the home office constitutes the center of your professional activity.

No. Receipts should be archived in a structured manner so that they are retained completely, can be located, and cannot be altered. An orderly digital receipt system is recommended.