Innovative response
The Austrian Federal Ministry of Finance has introduced a number of measures and solutions addressing COVID-19 related problems for businesses, all of which are detailed on a single online webpage.
Specific issues addressed and anticipated impact
Simplification:
FinanzOnline: automatic transfer of justifications in applications for advance payments and deferrals
CORONA-Postkorb on the homepage of the Federal Ministry of Finance (BMF): Enabling the application by e-mail
Chatbot Ask Fred: extension by COVID 19 Questions
automatic references to notices concerning extended time limits for appeals and the possibility of payment facilities
automatic extension of time limits (e.g. submission of declarations, response to a summons)
Relief:
Suppression of automatisms concerning onerous regulations for liquidity support (e.g. late payment surcharges, default surcharges, interest on deferral, entitlement checks)
Reduction of advance tax payments to promote liquidity
Organisations/institutions involved
Federal Ministry of Finance
- National/Federal government
Issues being addressed:
- Information and practice sharing (with public and/or internal)
- Governance responses
Date Submitted:
7 May 2020