Introduction of the NOVA (standardized consumption tax) for light commercial vehicles
Update from December 10th 2021:
Due to persistent delivery delays, it was decided to extend the NoVA transitional regulation by 6 months. Therefore the following applies: If an irrevocable, written sales contract was concluded before June 1, 2021 and the vehicle is delivered by April 30, 2022 at the latest, the vehicle is still exempt from the NoVA.
Per July 1, 2021, also light commercial vehicles up to 3.5t maximum permissible weight (category N1) fall under the NoVA obligation. We have summarized the key information for you below.
The calculation of the NoVA 2021 is the same as for passenger cars, but with different limit values:
(CO2 in g/km – 165) / 5 = tax rate in percent (maximum tax rate 50%) + 50 EUR per g/km above 253g/km
The tightening of these limit values until the year 2024 applies to passenger cars as well as to light commercial vehicles:
- CO2 deduction amount
165g/km; decreases every year by 5g/km until 150g/km
- Penalty limit value
253g/km; decreases every year by 15g/km until 208g/km
- Penalty amount
50 EUR; increases every year by 10 EUR until 80 EUR
- Maximum tax rate
50%; increases every year by 10% until 80%
For the year 2024, an exemplary calculation formula of the NoVA might look as follows:
(CO2 in g/km – 150) / 5 = tax rate in percent (maximum tax rate 80%) + 80 EUR per g/km above 208g/km
For electric and hybrid vehicles that emit less CO2 in g/km than the deduction amount, there is still no NoVA to be paid.
The following transition period applies: If an irrevocable, written purchase contract has been concluded before June 1, 2021, and the vehicle is delivered before November 1, 2021, the vehicle does not fall under the NoVA obligation.
Sources:
https://www.wko.at/branchen/ooe/Fahrzeughandel/Rechtliches/Steuerrecht--NOVA/NoVA-Berechnungstool.html
https://www.bmf.gv.at/themen/steuern/kraftfahrzeuge/Normverbrauchsabgabe-%C3%9Cbersicht/%C3%84nderungen-ab-1.-Juli-2021.html