All posts by Ričards

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Key Changes in Personal Income Tax (PIT) 2025

PIT Rates Indicator 2025 Currently - 2024 Progressive Base Rates 25.5% - up to EUR 105,300 20% - up to [...]

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In 2025, Latvia is planning several significant tax changes aimed at increasing state budget revenues while reducing income inequality. These [...]

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In June 2024 the Ministry of Finance published the remaining three tax evaluations: Assessment of the current situation of small [...]

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What are sanctions? Law on International and National Sanctions of the Republic of Latvia Section 2. Purpose and Scope of [...]

Currently, the issue of the State Revenue Service (SRS) pursuing debt recovery against board members for company tax debts is [...]

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According to the latest data from the Stockholm School of Economics in Riga (SSE Riga) "Shadow Economy Index for the [...]

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On June 7 of this year, the draft law No. 627/Lp14 "Amendments to the Annual Accounts and Consolidated Annual Accounts [...]

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To improve the availability of information on financial flows between the European Union (EU) and third countries, EU sanctions against [...]

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Personal income taxpayers in Latvia are: Individuals - residents and non-residents who have received income in Latvia and/or abroad during [...]

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On November 9, 2023, the Saeima adopted the regulation of cohabitation of unmarried couples and conceptually supported amendments to several [...]

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