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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.

According to the registrar's statistics, 95% of companies registered in Estonia have chosen a financial year that runs from 1 January to 31 December. However, a company’s fiscal year should reflect the cycle of the company’s operating activity and year-end procedures should be conducted at a time when volumes of activity are lowest.

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.

Last year, the optical retail chain Pro Optika took a bold step by acquiring its competitor Pere Optika — a move that doubled both its store network and its team. With 50 stores now across Estonia, the company is entering a new growth phase and redefining what it means to be a modern family-run business.

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?

This is where Grant Thornton Baltic’s specialists share their insights and advice for business leaders. Our goal is to share practical knowledge and explain complex topics in a clear and simple way, helping your company grow on a solid foundation.

This is where Grant Thornton Baltic’s specialists share their insights and advice for business leaders. Our goal is to share practical knowledge and explain complex topics in a clear and simple way, helping your company grow on a solid foundation.

This is where Grant Thornton Baltic’s specialists share their insights and advice for business leaders. Our goal is to share practical knowledge and explain complex topics in a clear and simple way, helping your company grow on a solid foundation.

Leadership isn’t born from titles — it’s grown through empathy, adaptability, and teamwork. Read Gaily Kuusik’s story of growth in modern outsourcing.

Stocktaking is far more than an accounting chore. When done thoughtfully, it becomes an effective tool for control, accuracy, and fraud prevention — and can be managed far more efficiently.

A retroactive tax residency change doesn’t require employers to recalculate salaries – it only affects the employee’s tax return.

For companies within the same group, it is common practice to organize joint events, whether they are entertainment-focused summer days or business-oriented seminars. However, it’s important to remember that such events may trigger a tax liability.

In December 2024, AS Kodupaber signed a purchase agreement to acquire the long-established wholesale company Ristart AS. The transaction marked an important milestone in Kodupaber’s growth strategy, supported throughout by Grant Thornton Baltic – from the first negotiations to the successful merger of the two companies in June 2025.

Why isn’t it legally correct to ask for a client’s signature when they pay for our services in cash? Is it allowed to ask the client to sign the cash receipt?

Employees today expect the same level of user experience from their employers as they get from everyday services — whether it’s ordering food via an app or checking their child’s school data in eKool.

A good audit is more than a compliance task — it’s a strategic tool for building trust, managing risks, and driving business improvement. Learn how a well-conducted audit can help your company grow smarter and stronger.