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.
Grant Thornton Baltic announced on 1 April that it has proposed considering the partial privatisation of the Estonian Information System Authority (RIA) and, in cooperation, creating a new information system, MinuKüTS. The aim is to help companies finally understand which cybersecurity and information security requirements actually apply to them and what obligations they must fulfil.
This AI assistant helps assess whether an employment contract complies with applicable labour law and identifies potential risk areas. It is suitable for anyone who wants to perform an initial review of an employment contract document (in PDF or Word), detect shortcomings, and reduce legal risks before using or signing the contract.
Dividend taxation in Estonia from 2025: when and how to distribute dividends and when tax-free redistribution is possible.
Many managers see the management report as a mandatory add-on, but in reality, it is at least as important as the balance sheet or income statement. It is through the management report that a bank, partner, investor or other stakeholder forms an initial view of the company’s management, current position and future outlook.
The going concern assumption means that a company is able to continue its normal business operations and meet its obligations when they fall due. In practice, this is not merely a disclosure in the financial statements but an everyday risk-management question for management: does the company have a realistic plan, sufficient cash flow, and access to financing even if the economic environment deteriorates?
Liis Aaviku shares her 15 years of experience at Grant Thornton Baltic and explains why an accounting service firm offers rapid development, diverse projects, and strong team support.
New unique artificial intelligence–based assistants are now available to everyone on the Grant Thornton Baltic Estonia website. These tools help accountants, CFOs, auditors and other interested parties navigate the field of accounting more effectively.
From 16 February, the filing of 2025 income tax returns begins. As usual, a tax return must be filed if, during the year, you received income on which Estonian income tax was not withheld, or if you wish to claim tax reliefs.
When and how should the fair value of an investment property be measured? This article explains the requirements of RTJ 6, outlines the differences between the fair value and cost models, and highlights the most common valuation pitfalls. Practical guidance helps management ensure a market-based and reliable valuation.
When the payroll process exists only in one person’s head, it creates significant continuity, error and control risks. A documented and transparent process ensures security, efficiency and reduces dependency on individuals. In this article, we explain why mapping and documenting payroll processes is critically important.
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.
Whether driven by growth, the need for digitalisation, new reporting requirements or the search for a reliable partner during times of change, Grant Thornton Baltic is a strong choice.
Implementing Alteryx was not about innovation for its own sake, but about addressing very specific needs: increasing efficiency, reducing manual work, and making recurring procedures more transparent and less prone to errors.
Clearly documented packaging accounting helps companies strike a balance where obligations are met in compliance with requirements, accounting remains auditable, and administrative costs are kept at an efficient level.
Accounting is the heartbeat of every successful company. Grant Thornton Baltic Partner Gaily Kuusik explains why price alone shouldn’t guide your choice of accounting service — and how quality, expertise, security, and partnership create real business value.