The value-added tax (VAT) rate for goods and services subject to the reduced 14% rate will decrease to 13.5% from the beginning of 2026.
This tax rate covers, for example, foodstuffs, restaurant and catering services, medicines, passenger transport, and accommodation services.
From 1 October 2023, larger constructions, subcontracting chains and employees allowed to constructions must be registered in the e-services environment of the Tax and Customs Board. Soon, it will be obligatory to provide data on the time employees…
Laura Niit, the founder and managing director of L.L Corrector OÜ, visited Äripäev Radio in November 2025 to discuss international accounting. During the interview, she highlighted a common challenge — many entrepreneurs seek help from…
According to accountant Laura Niit, one of the current problems in the accounting sector is, among other things, the rise in unemployment. This is because many companies prefer outsourced services over permanent employees, as they…
Withholding income tax on salary: 22%
Tax-free income: 700 euros per month and 8,400 euros per year, regardless of the person’s total income…
Tax rates 2018: Withheld tax 20% (TMS § 4 lg 1). Amount of non-taxable income 0…6000 / 12 = 0…500 EUR per month (TMS § 23 lg 1 ja lg 2). Rate for Social Security tax 33% (SMS § 7 lg…
The end of the financial year and the beginning of a new one are always significant periods for businesses – a time for reviewing results, analyzing financial performance, and setting new goals. This period is…