How to avoid deletion from the VAT register? On 7 May 2015, the Estonian Supreme Court delivered judgment in case No. 3-3-1-17-15, the significance of which lies in laying down preventive guidelines to avoid deletion from the VAT register. In this particular case, the Estonian Tax and Customs Board (ETCB) wanted to delete a company […]
1. Don’t throw away your tax benefit! As of 1 January 2015, an amendment to the Estonian Income Tax Act takes effect requiring legal persons to declare all past circumstances that may affect their income tax liability in the future. The deadline set for declarations is 10 February 2015. Absolutely all entrepreneurs have circumstances that […]
Currently, residents of Estonia can perform most of their transactions digitally using their Estonian ID card. For example, an ID card allows the following from anywhere in the world through the internet: to securely sign documents digitally, to establish an Estonian company within an hour, register changes and actively participate in company management, to make […]
1. Taxation of company cars changes As of 1 December 2014, amendments to the Estonian Value Added Tax Act (VATA) on taxation of vehicles take effect. Instead of the current 100% input VAT rate, entrepreneurs can now deduct only 50% of input VAT on purchase and use of a car under an operational lease as […]
New rule for employee registration before commencing work Taxation Act amendments to create a national register of employees were enacted by the Parliament (Riigikogu) on 26 March 2014. Details of everyone starting work in Estonia must be registered in advance. The amendments are due to enter into force on 1 July 2014 According to an […]
