Volunteering pays off: up to 3,000 euros tax -free for volunteers!

Volunteering pays off: up to 3,000 euros tax -free for volunteers!

Österreich - In Austria, volunteers have been able to benefit from new tax advantages since 2023, which have been introduced as part of the 2023 College Reform Act. These changes enable committed citizens to receive a tax -free flat rate of up to 1,000 euros annually. This regulation aims to promote volunteering and to offer financial support to the many committed volunteers who act in various areas. According to Kosmo the tax authority estimates that around two million people could benefit from these new regulations.

procedure and conditions

In order to be able to claim tax -free remuneration, corporations that make such payments must meet certain record obligations. This includes the documentation of the days of use and the activities of the volunteers carried out. If the tax -free maximum limits are exceeded, a report to the tax authority is also required, which must be submitted by the end of February of the following year. This regulation brings a necessary legal clarity for the volunteers and the organizations, such as "https://kpmg.com/at/de/home/insights/2024/01-kmu-02-gemnuetztreformgesetz-2023.html"> kpmg

An additional measure within the reform package is the expansion of the donation to all non -profit or charitable purposes, except church. In this way, organizations in areas such as education, sports or women's promotion can benefit from tax advantages for donations. Here, too, the new regulations have the potential to further strengthen voluntary work in society.

new employee bonus in planning

In addition to the volunteer flat rates, the government also plans to introduce a new employee bonus. This premium should include up to 1,000 euros tax -free for employees and will be accessible to all employees from 2025. This measure is intended as a response to the current inflation and should also apply without a collective agreement to achieve a wider target group. In contrast to the inflation premium, which can only be paid under certain conditions, this new bonus should be easier to use.

Overall, the introduction of these regulations shows significant support from the volunteer in Austria. With the creation of a legally secure framework and the corresponding financial incentives, the commitment of the population is promoted, which can have a positive effect on numerous social areas.