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Calculating the Basic Exemption from 2026
Tax Calculating the Basic Exemption from 2026
The “tax hump” that has been in place for eight years will be abolished, and starting from 1 January 2026 a uniform basic tax exemption of €700 per month (€8,400 per year) will apply regardless of a person’s income level. For those of retirement age, a slightly higher exemption will continue to apply—€9,312 per year.
Urzula Välb
Urzula Välb
| 3 min read | 02 Dec 2025
The future of accounting – machine precision or human wisdom?
Outsourcing The future of accounting – machine precision or human wisdom?
The future of accounting: where machine precision meets human wisdom. Automation and AI are reshaping accounting faster than ever. Yet human insight, judgment, and creativity remain essential. Discover how the partnership between people and technology is defining the next era of finance.
Terje Liiv
Terje Liiv
| 5 min read | 25 Nov 2025
The art (and heart) of leading change
Change management The art (and heart) of leading change
It’s often said that the only constant is change. The team at Grant Thornton Baltic knows this well – the work of accountants, auditors, and advisors is continuously evolving due to technological progress and ever-stricter regulatory requirements. But how can leaders manage change so that it truly bears fruit?
Gerli Soosalu
Gerli Soosalu
| 6 min read | 18 Nov 2025
Don’t lose your unused vacation days!
Outsourcing Don’t lose your unused vacation days!
As the end of the calendar year approaches, now is the perfect time to review employees’ remaining vacation balances. It’s important to remember that vacation days can only be used during the calendar year in which they are earned and the following calendar year.
Liis Aaviku
Liis Aaviku
| 3 min read | 02 Dec 2025
Year-end reminder: review your loan covenant compliance
Accounting Year-end reminder: review your loan covenant compliance
Year-end means preparing financial statements, but many businesses overlook one critical aspect: whether the covenants of long-term loans are compliant with the indicators agreed with the bank as at the balance sheet date.
Anni Vaiksaar
Martin Luik
| 4 min read | 03 Dec 2025
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Our news

29 Oct 2025

Grant Thornton Baltic recognized as a "Blooming" Organization by Peaasi.ee

For the third year in a row, Peaasi.ee has recognized organizations that value and support mental health in the workplace. The Mentally Healthy Organization Label was created to acknowledge employers who take deliberate steps to ensure their people’s wellbeing and balance at work.

27 Oct 2025

Grant Thornton Baltic Conference 2025

Grant Thornton Baltic brings together colleagues from Estonia, Latvia and Lithuania to take time for reflection, sharing experiences and setting future goals. For more than twenty years, this annual conference has been a valued tradition that strengthens collaboration across the Baltics and supports both professional and personal growth.

21 Aug 2025

We received the “Supporter of National Defence” recognition!

For Grant Thornton Baltic, it is important to contribute to strengthening Estonia’s defence capability both through practical actions and a statesmanlike attitude. We are pleased to see our contribution acknowledged – this year we received the “Supporter of National Defence” recognition from the Ministry of Defence.

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