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The Wirtschaftsbund wants a double Christmas offer for all Austrians: instead of Christmas parties, there should be gift vouchers.
Tax-free Christmas vouchers for employees in lieu of Christmas parties. This is what the Austrian Economic Association proposes in the crisis of the crown. “Due to the corona pandemic, the Christmas celebrations will unfortunately be canceled this year. That dampens the spirits of businesses and costs them additional revenue,” said Wirtschaftsbund general secretary Kurt Egger. He comes up with a suggestion that “kill two birds with one stone.”
These are tax-free Christmas vouchers: “Employees get the recognition they deserve and at the same time we strengthen the regional economy,” says Egger. Currently, the Christmas holidays are tax-free up to a value of 365 euros per employee. According to the business association, this exemption should be extended to Christmas vouchers so that employees do not have to pay salary tax on the vouchers received.
“Companies should have the opportunity to give their employees pleasure during this time”
“Businesses should have the opportunity to indulge their employees during this time. For example, families can use the voucher to visit a restaurant in small groups as soon as possible. The tax-free vouchers would stimulate consumption and support businesses. industries affected, “says Egger. Coupons should be limited to regional service providers and retailers.
“Restricting the voucher to domestic businesses and service providers supports exactly where it’s most urgently needed – in our domestic businesses. By using the voucher, we ultimately help the entire country – local businesses, employees, and jobs. working safely at the same time In a difficult year like this, it would be a very good sign for all of us, “Egger said.