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Initially, it has been communicated that the fixed cost support will be granted only next year – after, the actual (financial) damage can be identified. However, this has been criticized by many and therefore a new regulation is in place.
On April, 20th the second phase of the Hardship Case Fund “Härtefallfonds” has started. However, this immediate support does not help anyone instantly.
The application for fixed costs subsidies has been moved from mid of April to May. Nevertheless, kindly consider that the payments will be only due in the upcoming financial year.
Too many funds with too many different names: In order to minimize confusion, from Monday onwards the Federal Ministry of Finance has a new hotline.
26.126 companies have made an application for short time working since mid of March. Only 6.641 of these requests have been approved.
Starting April, 15th applications for „fixed cost support“ („Fixkostenzuschuss“) from the Corona Support Fund can be made.
Bonus payments due to COVID-19-crisis will be tax and social security free in 2020 – up to € 3.000,-.
The corona short time work can be a very good possibility to protect your company and your employees – and, therefore, also the Austrian economy – from the immense impact the current crisis has.
Our current life is dominated by one topic: the corona virus. The necessary limitations, such as the social distancing, are challenging to all of us.

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