Expensive energy – part of the relief package in force from today

As of today, Saturday, companies have the opportunity to reduce the prepayments of income and corporation tax for this year to 50 percent in a simplified way. The prerequisite for this is that there is an entitlement to an energy tax rebate for the calendar year 2021 or the different financial year ending in 2022 or the substantiation of a more than 3% share of energy costs in the total costs.

“The possibility of setting the advance payments even lower or with zero in individual cases by reviewing substantiated proof of the specific impact remains unaffected,” said Finance Minister Magnus Brunner (ÖVP). As before, the application can be submitted via Finanz Online.

“That will bring the companies 350 million euros in liquidity this year,” the minister calculated. This support is part of an already known two-part package from the federal government against the price increases totaling four billion euros. (apa)

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