Nova exemption for small trucks: relief for domestic companies!

Nova exemption for small trucks: relief for domestic companies!

The budget committee has decided to change the commercial and transport industry: From July 1, 2023, the standard consumption tax (Nova) for small trucks of class N1, including classic box and platform, will be canceled. This applies above all to vehicles that are used in trade and craft. This step is regarded as a noticeable relief for many companies that suffered from the economic burdens of Nova in the past. This reports Kosmo .

Renate Scheikelbauer-Schuster, the chairwoman of the federal division trade and craft in the Austria Chamber of Commerce (WKÖ), welcomes the decision and emphasizes that the Nova has not achieved any significant CO2 savings in the past. Instead, she meant that many companies had to use older vehicles longer, which was a competitive disadvantage for international competitors.

support from the Chamber of Commerce

Alexander Klacska, the chairman of the federal division transport and traffic in the WKÖ, also expresses itself positively about this new decision. He emphasizes that the Nova, which was originally introduced in 2021, did not live up to its goal of reducing CO2 emissions. This resulted in less investments in new, low -emission vehicles. The number of admission shows that the new registrations of N1 vehicles from 58,806 in 2021 decreased to only 22,069 in 2022, in order to then recover to 33,088 in 2023. However, Klacska warns that foreign competition could continue to lead to a loss of added value and jobs in Austria. These opportunities for domestic businesses have to be taken to improve the economic situation, such as