-
Audit of annual and consolidated financial statements
We place particular emphasis on customized solutions and international service and adapt our services to your needs.
-
Assurance related advisory services
Assurance related advisory services are based on the knowledge and expertise that are the staff of life of our auditors.
-
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
-
Accounting related consulting
Accounting in accordance with UGB, US-GAAP or IFRS is in constant motion. The integration of new regulations into their own accounting systems poses special challenges for companies.
-
Corporate Tax
We are your problem solvers for corporate tax issues
-
Restructuring, Mergers & Acquisition
Expertise and creativity for the perfect structure
-
International Tax
We are here, whenever our clients require our assistance
-
Transfer pricing
We are your experts for an optimal transfer pricing structure
-
Indirect Tax & Customs
We take care of your indirect taxes so you can take care of your business
-
Private Wealth
We are your competent partner in the field of Private Wealth Tax Services
-
Real Estate Tax
We are a valuable partner at every stage of your property's life
-
Global Mobility Services
Local roots and global networking as a secret for successful assignment management
-
Advisor for Advisor
As advisors for advisors, we support in complex situations
-
Accounting & Tax Compliance Services
Grant Thornton Austria - Your Partner for Experts for Accounting & Tax Compliance Services. In an evolving regulatory landscape, efficient accounting, tax compliance, and financial statement preparation processes are crucial for maintaining an accurate and up-to-date view of your company’s financial position while ensuring compliance with all legal requirements. We provide tailored solutions that not only save your time and resources but also ensure compliance with complex regulations. Our experts are here to support you, allowing you to focus on your core business.
-
Payroll & People Advisory Services
Ensuring Compliance, Efficiency, and Strategic HR Solutions In an evolving legal landscape, it is crucial for companies of all sizes to have efficient and legally compliant payroll accounting systems. The ever-changing regulations and increasing complexity make this an ongoing challenge. At Grant Thornton Austria, we provide comprehensive, precise payroll processing as part of our Payroll & People Advisory Services. Additionally, we offer customized advisory services to help clients optimise their HR strategy, improve operational efficiency, and minimize potential risks.
-
Tax Controversy Services
Your Partner when it matters most! In increasingly complex environment and considering frequent changes in tax regulations, businesses are facing intensified scrutiny from tax authorities. This has resulted in a significant rise of complex tax audits, investigations and potential disputes. Our Tax Controversy Services are tailored to help you navigate these challenges proactively and effectively. Our experts will guide you through all stages of tax proceedings, ensuring robust defence of your position and advising you on preventive measures to minimize the risk of future tax disputes.
-
Tax Technology Services
Your digital partner for an efficient future! In an increasingly digitalised business world, companies must constantly look for optimisations and adjustments to ensure their long-term success. In order to best prepare for the future and to achieve efficiency increases and process optimisations in the digital area, the experts at Grant Thornton Austria are at your side as a reliable partner as part of our Tax Technology Services.
-
Valuation
Valuations are a core competence of Grant Thornton Austria. As auditors and tax advisors we combine profound know-how with our practical experience to offer you customized solutions for your valuation assignment. Our industry expertise is based on years of services to our clients, including listed companies as well as owner-managed companies with an international focus. We advise on valuation matters related to arbitration and provide expert opinions.
-
Forensic Services
When it comes to risks in business, our experts are on hand. We support you not only in suspicious cases or in disputes, but also develop suitable strategies in the area of prevention to avoid serious cases as far as possible. Our Cyber Security team helps you to keep your networks and applications secure and is quickly on hand in the event of a security leak.
-
Cyber Security
Cyber incidents, IT system failures, the resulting business interruptions and the loss of critical data are one of the greatest business risks for companies. Recent cases underline the need for strategic protection and awareness of the issue and require a holistic approach and technical expertise that takes into account all legislative, regulatory and technical aspects of cyber security to protect companies against the daily increase in cybercrime incidents.
-
Sustainability Services
Sustainability is no longer a trend, but the only way to create a future worth living. Our experts will support you in successfully developing your sustainability strategy and preparing your sustainability reporting in compliance with regulations.
-
Transaction Support
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
-
Merger & Acquisition
Companies start new activities and separate from old ones, cooperate and merge. Markets and competitive conditions are subject to constant and increasingly rapid change. As a result, existing business models are changing. Some companies have to restructure and reorganize. But new business opportunities also open up.
-
Restructuring & Going Concern Forecast
Restructuring & Going Concern Forecast: Bundled services for your strategic, operational and financial decisions offer the right answers for companies, banks, shareholders and investors.
-
Internal Audit
Internal Audit helps companies and organisations to achieve their goals by analysing and evaluating the effectiveness of risk management, controls and management and monitoring processes. Internal Audit focuses on independent and objective audit (assurance) and consulting services that improve the value creation and business activities of your company.
-
Expert dispute resolution & advisory
Grant Thornton Austria offers comprehensive services in the field of business-oriented expert services with a broad range of competencies from banking to communication. The core activity of experts is the objective recording of findings and the preparation of expert opinions - regardless of all external circumstances. Our experts Gottwald Kranebitter and Georg H. Jeitler, as sworn and court-certified experts, ensure that the highest professional standards and the principle of objectivity are observed.
-
Blockchain and Crypto-Asset
Blockchain as a carrier technology for crypto currencies and smart contracts, among other things, is becoming increasingly important. Grant Thornton Austria offers comprehensive audit and confirmation services for block chain technologies and business models.
-
Corporate & Brand Strategy
We support you in developing growth strategies for a sustainably successful future and in maximizing the potential of your brand.
-
International Project Coordination
Our International Engagement Management team is your central point of contact for international projects in all our service lines. We take care of operational project management for you and act as a central point of contact and coordination for your projects. We support companies that start international projects from Austria as well as companies from abroad that want to gain a foothold in Austria or use Austria as a hub for their international projects, especially in the DACH (Germany, Austria and Switzerland) and CEE region.
-
International Desks
As a member of the Grant Thornton network, we guarantee direct access to resources from our worldwide circle of partners. This global connection enables us to seamlessly integrate highly qualified specialists and industry experts from different countries around the world into our teams. Through our broad perspective and diverse expertise, we ensure that we can optimally meet the individual requirements of our clients in an increasingly globalised economy.
Extension of short-time working as of October 1, 2020
Christoph Schmidl
06 Aug 2020
As of October 1, 2020, phase III of short-time working can be applied for, currently for another 6 months until March 31, 2021. According to the Austrian Social Partners, an extension beyond this for another six months from April 1, 2021 will become necessary and is being planned due to the particular impact on certain sectors. (Status: 11.09.2020)
THIS IS NEW
Closing the gap between short-time working phases II and III: Extension of the short-time working period of phase II until September 30, 2020 agreed.
If the full short-time working period was already exhausted before September 30, 2020 due to the three months of initial grant (Phase I) and the three months extension (Phase II), short-time working may be extended until the beginning of Phase III as of October 1, 2020.
For this purpose, a supplementary social partner agreement must be concluded and submitted together with a change request via the eAMS account.
Length of service of one full calendar month before the start of short-time work
In order to be able to include employees in the short-time work, a length of service of one fully paid calendar month before the start of short-time work is required.
If persons who could not demonstrate this length of time were already included in the original agreements of phase I or II, this contradicted the federal guideline on short-time work.
In order to be able to include persons who at that time did not have a period of employment of one fully remunerated calendar month, but who are now nevertheless included in short-time work as originally planned, a separate initial application must be submitted retroactively from the 2nd full month of employment.
Together with a separate social partner agreement, a retroactive initial application for the persons concerned must be submitted via the eAMS account. The application must also be accompanied by proof of a fully paid calendar month before the start of short-time work by presenting a payroll account statement.
Retroactive applications for this group of persons can be submitted until September 30, 2020 at the latest.
The Austrian Social Partners have already published the main principles for Phase III. Further details will follow in the coming weeks.
Employees continue to receive 80/85/90% of net wages
Even in phase III the employees continue to receive 80/85/90% of the net wage. Wage increases due to collective contract increases must be taken into account (dynamic approach).
Working hours must be between 30% and 80%.
In phase III the working time must be reduced between 30% and 80%, whereby a calculation period of 6 months applies. In special cases the working time can be reduced below 30% in agreement with the social partners.
Economic impact
In the course of Phase III, the use of short-time work will be examined by means of a standardized examination procedure and is thus intended to counteract abuse more effectively. The companies have to prove the economic impact by means of a forecast calculation.
Reimbursement of additional costs by AMS
The employer should continue to pay only the costs for the work actually performed - lost working hours including ancillary wage costs and sick leave are reimbursed by the Austrian Employment Service (AMS).
Readiness for further training
For non-working hours, a compulsory further training of employees is planned. This is to be carried out jointly by the Austrian Employment Service (AMS) and the company and is to be carried out during the non-working hours. Further training measures should be allowed to be interrupted if required by the employer and should be made up for within 18 months.
Retention period is still 1 month
After the end of short-time work, employees must continue to be employed for 1 month.
Apprenticeship training
Arrangements have been made to ensure that apprenticeship training is also available in companies that have long been on short-time working
Links
Fact sheet short time working phase III by the Austrian Federal Economic Chamber
Details to short time working until September 2020
Do you have more questions about short-time work? Our experts Christoph Schmidl and Michael Koehler will be happy to assist you.
