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Flexible working time – now also legally established freedom to shape working time
Labor law Flexible working time – now also legally established freedom to shape working time
On 13 February, amendments to the Employment Contracts Act entered into force, opening the door to more flexible work organisation and providing employees and employers with an innovative opportunity to conclude flexible working time agreements.
Kristel Tiits
Kristel Tiits
| 2 min read | 19 Feb 2026
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
Key tax changes in the Baltics for 2026
Tax Key tax changes in the Baltics for 2026
The year 2026 will bring several significant tax changes across the Baltic States, affecting both businesses and individuals. In this overview, Grant Thornton Baltic tax experts summarise the key tax developments in Estonia, Latvia and Lithuania – covering income tax, VAT, social taxes and excise duties, among others.
2 min read | 09 Feb 2026
Changes planned to the Estonian Financial Reporting Standard
Estonian Financial Reporting Standard Changes planned to the Estonian Financial Reporting Standard
At the beginning of 2025, the International Accounting Standards Board (IASB) adopted an updated consolidated text of the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). The updated IFRS for SMEs therefore necessitates a review and update of the EFS and the RTJ guidelines.
Mart Nõmper
Mart Nõmper
| 5 min read | 09 Feb 2026
Which tax changes will enter into force in 2026?
Tax Which tax changes will enter into force in 2026?
The new year will bring changes to tax legislation which will affect both companies and individuals. Below is an overview of the main tax changes that will enter into force in 2026, as well as changes already adopted and entered into force during 2025.
Jaana Sild Grant Thornton Baltic
Jaana Sild
| 9 min read | 08 Dec 2025
New developments in employment law – what changes must employers consider in the coming year?
Employment law New developments in employment law – what changes must employers consider in the coming year?
The Estonian Parliament has approved several amendments affecting employment relationships. Many of these will enter into force over the coming year and will alter the content of agreements related to work arrangements. This article provides an overview of the changes that will most significantly impact both employers and employees.
Merli Kesküla
Merli Kesküla
| 6 min read | 05 Dec 2025
Repeal of the Defense Tax Act and Tax Rate Increases
Tax Repeal of the Defense Tax Act and Tax Rate Increases
The Defense Tax Act, adopted at the end of last year and widely debated due to the proposed taxation of corporate profits, has been repealed. Instead, permanently increased tax rates will now apply to value-added tax (VAT), income tax, and business income tax.
Urzula Välb
Urzula Välb
| 1 min read | 15 Jul 2025
Accounting errors cost money and trust, but e-invoices help avoid mistakes
Outsourcing Accounting errors cost money and trust, but e-invoices help avoid mistakes
E-invoices are a useful tool for every accountant to avoid mistakes caused by human error, which waste time and money. There are also many other business advantages to "selling" e-invoicing to a manager or client.
Gaily Kuusik
Gaily Kuusik
| 5 min read | 06 Jun 2025
Reminder – the VAT rate is set to increase soon!
Tax Reminder – the VAT rate is set to increase soon!
From 1 July 2025 the standard VAT rate will be 24%.
Jaana Sild Grant Thornton Baltic
Jaana Sild
| 2 min read | 16 May 2025
Lithuania’s 2026 tax reform – what to expect? (updated 30.05.25)
Tax Lithuania’s 2026 tax reform – what to expect? (updated 30.05.25)
Lithuania is planning a comprehensive tax reform for 2026 aimed at strengthening national defense funding and supporting economic development. Grant Thornton Lithuania tax specialist Vykintas Valiulis has prepared a detailed overview on the topic.
Vykintas Valiulis
Vykintas Valiulis
| 6 min read | 07 May 2025
Quick guide: common standards and certifications in the world of information security
Information security services Quick guide: common standards and certifications in the world of information security
The field of information security seems like a labyrinth full of abbreviations lately: NIS2, DORA, ISO 27001, E-ITS, SOC 2. Therefore, I will briefly advise on how to navigate information security regulations, standards, audits, and certifications.
7 min read | 11 Apr 2025
Will sustainability reporting be easier in the future?
Omnibus package Will sustainability reporting be easier in the future?
On 26 February 2025, the European Commission (EC) released a new package of proposals (the Omnibus) to amend some key pillars of the European Green Deal. The overall goal of the Omnibus is to reduce reporting burdens, particularly for smaller and mid-sized entities, and increase efficiency in sustainability reporting.
6 min read | 11 Apr 2025
What is the Estonian information security standard E-ITS and what approach to take?
Information security services What is the Estonian information security standard E-ITS and what approach to take?
The Estonian information security standard (E-ITS) is an Estonian-language standard compatible with the Estonian legal system and developed for ensuring protection for business processes and information systems used for fulfilling public functions.
5 min read | 27 Mar 2025
The first three months of the whistleblower reporting channel – how has it gone?
Whistleblower channel The first three months of the whistleblower reporting channel – how has it gone?
We are already three months into 2025. Establishing a whistleblower channel has been obligatory for all companies with more than 50 employees for exactly that long – a requirement that stems from the Whistleblower Protection Act.
Eliis Talisainen
Eliis Talisainen
| 4 min read | 14 Mar 2025
Can Omnibus help us out of the bureaucratic tangle?
Omnibus Package Can Omnibus help us out of the bureaucratic tangle?
On 26 February, the European Commission released significant proposals for easing the European Union’s sustainability rules. Called the Omnibus Package, the proposals covers the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD) and EU Taxonomy regulations.
4 min read | 11 Mar 2025
What is DORA and what should you know about it?
Information security services What is DORA and what should you know about it?
The Digital Operational Resilience Act (DORA), which came into effect on January 17 this year, aims to prevent cyber threats and reduce the impact of incidents on businesses and the broader European financial sector.
Ines Junti
Ines Junti
| 3 min read | 28 Feb 2025
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