Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure AT-2020-45/1872 – Updated – measures in Austria
|Country||Austria , applies nationwide|
|Time period||Temporary, 01 November 2020 – 31 March 2022|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Bernadette Allinger (Forba) and Eurofound|
|Measure added||15 April 2021 (updated 19 June 2023)|
Due to the third COVID-19 wave that hit the country, the government extended the lockdown during the first months of 2021.
In order to support companies that have been affected by large turnover losses, a so-called "cancellation bonus" was implemented in February 2021. This bonus is not limited to companies which are directly affected by the lockdown ( such as the lock down turnover (sales compensation ), but this bonus can be applied for by any company suffering a loss of more than 40% of turnover, compared to the same calendar month in pre-crisis times (i.e. during the period March 2019 to February 2020). Via this measure, the government intends to support companies by providing them with sufficient liquidity.
The replacement rate lies at 30% of the loss of turnover, with a maximum upper limit of €60,000 per month. Half of the bonus (15%) consists of a non-repayable grant and the other half (i.e. the other 15%) are an advance on the fixed cost grant II to be applied for. The application for the cancellation bonus can be submitted every month, for the time period November 2020 to June 2021.
Due to the 'hard' lock-down in the eastern region of Austria, the bonus portion of the cancellation bonus was increased for the calendar months of March and April 2021, compared to the other calendar months. Instead of 15%, the bonus is increased to 30% of the sales loss (with a maximum limit of €50,000). With the addition of the (optional) advance of the fixed cost grant II, the total amount lies at 45% or €80,000 at the maximum for March and April 2021.
The bonus can - in general - be drawn also when other subsidies have been applied for and received, with the exception of the lockdown turnover (sales) compensation . If those subsidies have been received, the cancellation bonus cannot be applied for the months of November and December 2020. The same applies to self-employed artists which have been granted funds from the bridging fund for artists for any of the months in question.
The cancellation bonus can be applied for from the 16th of the calendar month following the observation period up to the 15th of the third calendar month following the observation period. Applications for the observation periods November 2020 and December 2020 can be submitted from 16 February 2021 to 15 April 2021.
As of 15 April 2021, 160,000 applications with a total volume of around €1 billion have been received. Out of these, around 110,000 applications (with a volume of over €700 million) have been processed and paid, according to the finance minister Mr Blümel. The average amount per applicant and month was at around €7,000.
As of mid-December 2021, around 4,500 companies have applied for the cancellation bonus III, which sums up to around €10 million.
In total, the federal state paid out €3.5 billion for cancellation bonus payments as of the end of 2021.
As of February 2023, it was reported that in total, €5.207 billion had been paid.
|Does not apply to workers||Applies to all businesses||Does not apply to citizens|
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
The social partners' involvement is unknown.
The Federal Economic Chamber has welcomed the increased payments for the months of March and April 2021.
Eurofound (2021), Cancellation bonus, measure AT-2020-45/1872 (measures in Austria), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/AT-2020-45_1872.html
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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.