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Gift cards: simple product, complex taxation

Outsourcing services

From a taxation and accounting perspective, gift cards are not merely payment instruments. Their treatment depends both on the type of gift card and on whether the card is sold or given away free of charge. Therefore, now is a good time to revisit when and how gift cards should be taxed and how they should be properly recognised in accounting.

| 11 min read |

Taxation of passenger cars: company car or personal car?

Tax advice

The taxation of passenger cars in Estonia mainly depends on who owns the car, how it is used for business purposes, and whether private use is allowed. The Tax and Customs Board follows the principle that not only the actual use of the car matters, but also the possibility of private use.

| 10 min read |

The Cybersecurity Act is in force, but the market is still looking for answers

Information security

On 1 January 2026, amendments to Estonia’s Cybersecurity Act entered into force, transposing the NIS2 Directive into Estonian law. According to the Estonian Information System Authority (RIA), this increased the number of companies and institutions required to comply with cybersecurity obligations from around 3,500 to nearly 6,500.

| 8 min read |

AI at work: trust cannot be forced

AI adoption and usage

The use of artificial intelligence has already been strategically implemented in many organisations. But even where it has not, everyone still has access to free AI tools. Whether it is ChatGPT, Claude, Gemini or another platform, these tools help people write texts, summarise information, organise ideas and perform analyses.

6 min read |

Labour Inspectorate: employers are accused for moral damage in nearly every dispute

Legal

Almost every application employees submit to the labour dispute committee includes a claim for compensation for non-material damage, according to the committee chairs, as described by the Director General of the Labour Inspectorate.

| 6 min read |

Our news

Grant Thornton Baltic once again awards scholarships to outstanding economics students

26 May 2026

Grant Thornton Baltic continued its cooperation with Tallinn University of Technology and the University of Tartu during the 2025/2026 academic year by supporting outstanding economics students with scholarships in both the autumn and spring semesters. During the academic year, four scholarships worth €2,500 each were awarded to students who stood out for their excellent academic performance, entrepreneurial mindset, and strong motivation.

„RECOGNIZED 2025“: La Famiglia and celebrating our people

23 Jan 2026

At the beginning of January, we took a moment to celebrate the achievements of the past year and to recognise colleagues whose contribution in 2025 truly stood out.

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

29 Oct 2025

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.

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