Austria
VAT Name :
Umsatzsteuer (Ust/MwSt)
VAT Number Format :
U12345678 (9 characters. The first character is always ‘U’)
VAT Information Offices :
Finanzamt Graz-Stadt, Betriebsveranlagungsteams Auslanderreferate, Conrad von Hotzendorf – Strasse 14-18 8018 Graz.
RATES
| Rate | Type | Which goods or services |
|---|---|---|
| 20% | Standard | All other taxable goods and services |
| 13% | Reduced | Domestic flights; Entrance to sporting events; Admissions to cultural events and amusement parks; Firewood; Wine production (from farms); Cut flowers and plants for decorative use; Some agricultural supplies |
| 10% | Reduced | Foodstuffs; Takeaway food; Water supplies; Pharmaceutical products; Newspapers and periodicals; Printed books; E-books (from 01.01.2020); Domestic transport (excl. flights); Cut flowers and plants for food production; Pay and cable TV; TV licence; Writers and composers; International and intra-community road and rail transport; Social services; Restaurants (excl. beverages); Domestic refuse collection; Treatment of waste and waste water; Some agricultural supplies |
| 0% | Reduced | Intra-community and international transport (excl. road and rail); Hotel accommodation |
EXEMPTIONS
- Services of actors, musicians, singers and choirs, if rendered by public legal bodies
- Letting and leasing of immovable property (excluding short-term letting <14 days of immovable property other than residential)
- Financial services
- Supply of buildings other than new
- Supply of land (other than building land) (an option to tax can apply in certain cases)
THRESHOLDS
Registration Threshold : EUR 35.000
(below threshold registration can be on a voluntary basis)
Dispatches : EUR 750.000 (simplified) or EUR 12.000.000 (full)
Arrivals : EUR 750.000 (simplified) or EUR 12.000.000 (full)
Distance Selling Threshold : EUR 35.000
Intra-Community Acquisition Threshold : EUR 11.000
VAT Free Shopping for Tourists : EUR 75
PENALTIES
Late Filing : 10% penalty of VAT due
Late Payment : 2% penalty of VAT due
Other :
– Late filing of Intrastat – minor penalties
– Penalties may apply in cases of fraud, evasion, etc.
– EC sales lists: late and inaccurate filings – penalties same as VAT return filings
DEADLINES
Assessment Period : 5 years (can be extended to 10 years for fraud)
Standard Tax Period : Annual (monthly and quarterly for VAT advance notification)
Intrastat filings : 10th working day, electronic format
EC sales lists filings : monthly or quarterly; last day of the following month or quarter after reporting period
Provisional returns must be filed if annual taxed turnover was: <EUR 100.000 quarterly or >EUR 100.000 monthly.
Provisional returns can be waived subject to certain conditions.
Provisional return must be filed by 15th day of second month following the tax period (month or quarter)