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Employers underuse the option of voluntary sickness benefit
Accounting Employers underuse the option of voluntary sickness benefit
As of 15 May 2024, a legislative amendment entered into force that allows employers to pay voluntary sickness benefits to employees under more favourable conditions than before. So far, this change has received relatively little attention, yet its implementation enables employers to make a significant contribution to employee well-being.
Deiwi Aru
Deiwi Aru
| 5 min read | 10 Feb 2026
Reduced social tax for employees with decreased work ability: what to keep in mind at year-end?
Accounting Reduced social tax for employees with decreased work ability: what to keep in mind at year-end?
The reduced social tax for employees with decreased work ability is an accrual-based support measure in which the Unemployment Insurance Fund pays the employer’s social tax on behalf of an employee with decreased work ability, based on a one-time application. The allowance is calculated according to the monthly social tax rate applicable to the specific calculation period (month).
Deiwi Aru
Deiwi Aru
| 3 min read | 05 Dec 2025
Payroll service from Grant Thornton Baltic
Payroll Payroll service from Grant Thornton Baltic
At Grant Thornton Baltic, we offer payroll as one of the accounting services and it can be described with just those above notions: automated, meticulous, accurate, confidential and adaptive to changes.
Deiwi Aru
Deiwi Aru
| 3 min read | 06 Dec 2023