- Austria’s 2025 tax reform provides relief for small businesses
- VAT exemption threshold increased to €55,000
- Simplified invoicing for amounts over €400
- Planned exemption from issuing receipts for payments under €35
- NoVA tax exemption for light commercial vehicles starting July 2025
- Streamlined approval processes to reduce red tape
- Aims to lower tax burden and support SME growth
- Encourages investment and simplifies administration
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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