Mandatory State Social Insurance Contributions

Due dates of filing returns and paying taxes

Name of report/return	Filing term	Due date of tax payment
Information about employees (Cabinet Regulations No.827 of 07.09.2010. Annex1^[1])	No later than within one day if provided in paper form or no later than within one hour if providing the information electronically by EDS before obtaining by the person the status of employee as provided by the law “ On Social Insurance”. No later than within three working days after changing or losing the status of employee by the person (incl. the employees who have been granted child care leave or if child care leave had finished, also if unpaid vacation has terminated)	x
Report regarding the employment income, personal income tax and state mandatory social insurance contributions of the payers of the income tax for seasonal farm workers (Cabinet Regulation No. 827 of 07.09.2010, Annex 3¹^[1])	Every month, within five business days following the last day of month of employment of the payer of income tax for seasonal farm workers (employee)	x
Report on mandatory social insurance contributions made from labour income of employees, on personal income tax and business risk state fees in the reporting month (Cabinet Regulations No.827 of 07.09.2010. Annex 3^[1])	By the date of the month following the reporting month indicated in the notification issued by the SRS	By the date of the month following the reporting month indicated in the notification issued by the SRS
Report on mandatory social insurance contributions made by self-employed person or domestic person employed by foreign employer or by a foreign person employed by a foreign employer (Cabinet Regulations No.827 of 07.09.2010. Aneex 4^[1])	By 15^th date of the month following the reporting quarter	By 15^th date of the month following the reporting quarter

Tax rate

Rate

Tax base

35.09 % if the employee is covered by all types of social insurance, of which:
• 24.09 % — employer;
• 11 % — employee;

30,87 % for persons who have the right to old-age pension, of which:
• 21.31 % — employer;
• 9,56 % — employee;

5 % and 32,15 % for persons who carry out economic activities;

27,73 % for a board member of a capital company, for whom there is a duty to pay social tax from the minimum monthly wage (if the monthly turnover of the capital company exceeds the minimum monthly wage, which is multiplied by the coefficient of 5 (in 2018, from EUR 2,150)), and the company has no employees or the object of mandatory contributions for all employees is smaller than the minimum monthly wage.

Other rates in accordance with the Law On State Social Insurance

1) calculated employee’s remuneration, from which personal income tax is deducted;
2) self-employed person’s earned income which exceeds EUR 430: 32.15% and an additional 5% rate for income, from the object of mandatory contributions and the difference of actual income.
3) 5% shall be paid by self-employed persons from monthly income which does not exceed the amount of the minimum monthly wage, i.e., EUR 430. If self-employed person’s tax on income does not exceed EUR 50 per year, contributions of 5% may not be made.

^[1]Information available in Latvian