Inflation and high energy prices are now causing problems for many Austrians. But there is hope in the air: via the 2022 employee tax assessment, you can still get some money back from the Tax Authorities this year. Here are some tips that you should pay attention to when applying for payroll tax equalization.
Employers and other paying agencies must pass on all data to the responsible tax office by the end of February 2023 at the latest. After that, the employees can submit their payroll tax credit and receive a refund from the tax authorities. The Labor Chamber of Vorarlberg recommends preparing and sorting the collected documents now. At the beginning of March, they can then already submit the 2022 tax equalization and receive additional financial income as soon as possible.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
