Read our insights, reports and more

This year we have again reason to eat birthday cake: It Is the 15th anniversary of the opening of Grant Thornton Baltic’s Tartu office. But time has moved on and a new question has now come up, and that is, whether the existence of a physical office is important at all in the age of email and cloud services?

A local government has the obligation to organize internal audit activities. This can be done by outsourcing internal auditor services or by hiring an internal auditor. In the latter case, the requirements in laws and professional standards for internal auditors must be considered.

The calculation of tax-exempt income changed in 2018. To avoid the obligation to pay additional income tax on the basis of tax returns, more attention must be paid to which categories of income are counted toward taxable annual income. One taxable type of income is the parental benefit, which will be calculated under new principles starting 1 September of this year.

Temporary employees are usually employed under fixed-term employment contracts, and it is important to note the differences compared to contracts with indefinite term.

According to the Employment Contracts Act, there are two grounds for cancelling an employment contract: ordinary and extraordinary. The easiest option is agreement between the parties, but what are the other options? How to dismiss someone who drinks on the job? Read more from our legal manager Kristel Tiits's article.

Organisations and companies that are required by law to conduct an internal audit often ask: is it more economical to establish an internal position at the company or outsource internal audit service?

A situation where a company gives or guarantees a loan to a shareholder, partner or board member comes up all the time. Yet the Commercial Code does set out restrictions on granting loans. I will discuss some of the most likely problems and potential tax risks below.

The midsummer holidays of St. John’s Day and Victory Day are getting closer and it is the right time to look at working on public holidays. When do employees have the right to a shortened workday or a day off work? What are the exceptions? To prevent misunderstandings, employers should think about such situations early on.

How to protect your company? Five most important recommendations for ensuring cyber security. The biggest targets of these new brand of bandits are companies that own and process large amounts of data and companies whose cybersecurity measures are lagging behind the times.

A year has passed since the General Data Protection Regulation (GDPR) entered into force on 25 May 2018. The main purpose of the regulation is to give individuals more control over what data about them is processed. The GDPR also applies to employment relations where the employer processes personal data of employees.

In the business world, success comes from focusing on your field and working your way to the top. But that takes time and dedication. So if you are just going into business or expanding, it is wise to think about what sorts of support services are worth outsourcing – what happens if your accountant or computer person is not sitting in the next room but works for an external service provider?

On 1 January 2019, changes to the Commercial Code came into force, intended to resolve a few problems that have reared their heads in practice.

2019 has brought several changes to the process of filings made to the employment register. Besides the data currently required, now the working time rate, job title and workplace address must generally be specified.

Form INF 14, which needs to be submitted to the Tax and Customs Board, consists of several parts with different submission terms, the first of which is on 1 February 2019.

Amendments to the Occupational Health and Safety Act that came into force on 1 January 2019 will lead to a decrease in the administrative burden on employers.

Grant Thornton Baltic is proud to be a local payroll partner of ADP in Baltic countries and been named as one of the winners for the 2018 Partner Excellence Award.