New rules for (increased) mileage reimbursement in Austria have only come into effect at the beginning of this year. With a blue-black government, rates would change again. However, special rules may also include collective agreements in individual sectors. Retail employees pay a particularly high amount.
Only three weeks ago, the new rates for the official mileage allowance came into effect. The maximum tax-free rate for cars and station wagons was increased from 42 cents to 50 cents. For motorcycles, which were previously worth only 24 cents per kilometer driven, the mileage allowance also increased to 50 cents. There were also significant increases for cyclists (from 5 to 15 cents) and bicycle kilometers (from 38 to 50 cents).
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.
