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6
Feb
09.53
09.53

How Will the Tax Reform Affect Me?

As is popularly known, this July, within the framework of the tax reform, the Saeima approved several bills, which means that starting from 1 January 2018 both entrepreneurs and natural persons will be affected by significant changes in the tax area.

12
Jan
15.30
15.30

Important information on excise tax certificates

Excise duty guarantee certificates with specific due date which are issued until 12th of January, 2018, are valid with conditions specified therein until the end of due date or until the first re-registration. Whereas, excise duty guarantee certificates with unspecified due date which are issued until 12th of January, 2018, are valid with conditions specified therein until 31st of December, 2018, or until the first re-registration.

5
Jan
15.44
15.44

The most important changes affecting employees after the tax reform

The State Revenue Service (SRS) reminds that in the course of the tax reform as of 1 January 2018 several significant changes will also affect employees. The main changes concerning employees include the significant increase of the minimum wage, the assessment of payroll taxes, in particular, personal income tax and mandatory state social insurance contributions, as well as the possibilities to obtain the personal income tax refund for the eligible expenses.