Austria to relaunch its SAF-T regime March 2024; was one of the earliest to adopt the OECD’s format for exchanging data with the tax authorities
Austria’s is relaunching its version of the OECD’s Standard Audit File for Tax (SAF-T). This is expected to be launched from March 2024. The current version has effectively been dormant in the past few years as a on-demand only regime. It is likely that the revamp will include mandatory element to supplement VAT returns and as an alternative to VAT e-invoicing. Although Austria is said to be still considering a form of domestic e-invoicing or real-time digital reporting. The existing SAF-T is relatively light in data demands compared to countries such as Poland; so likely to be far more invasive information requirements, too.
Austria introduced its version of the SAF-T in 2009. This is a transactional level analysis (XML Schema Definition (XSD)) of accounting and tax data in a standard schema to enable simple and efficient transfer of date to the tax authorities.
Austrian SAF-T requirements
The Austrian Bundesministerium für Finanzen tax office may request a SAF-T report on a on-demand basis. This is generally ahead of a VAT audit. The Austrian SAF-T is organised as follows:
- Enterprise master files:
- General Ledger, Customer, Supplier, Owner master files
- General Ledger Entries
- Inventory Stock Levels
- Source Documents
- Fixed Asset Statement
Check which countries have implemented SAF-T.
OECD Standard Audit File for Tax (SAF-T)
The OECD launched v1 of SAF-T as a standard for tax authorities and taxpayers to efficient exchange information. It is XML-based. Since May 2005, SAF-T is recommended in the following five formats (per v2, 2010):
- General Ledger: journals;
- Accounts Receivable: customer master files; invoices; payments;
- Accounts Payable: supplier master file; invoices; payments;
- Fixed Assets: asset master files; depreciation and revaluation; and
- Inventory: product master files; movements.
Standard Audit File for Tax SAF-T countries
|Country (click for details)||Date||Scope|
|13||Ukraine||Jan 2025||Phased 2025 to 2027 implementation|
|12||Bulgaria||Jan 2025||Phased introduction over two years|
|11||Denmark||Jan 2024||Phased implementation from 2024|
|10||Romania||Jan 2022||Mandatory monthly filings initially large taxpayers (due Jan 2023)|
|9||EU OSS & IOSS||Jul 2021||On-demand for sellers, marketplaces or Intermediaries|
|8||Norway||2020||Replaced VAT return 2022|
|6||Lithuania||2019||On-demand; residents and non-residents above €30,000 sales threshold|
|5||Poland||2016||Mandatory, monthly replaced VAT return Oct 2020|
|1||Portugal||2009||Monthly for residents and non-residents (Jun 2022)|