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GRANT THORNTON MOCUMENTAL Behind and in front of the lens – let’s get acquainted!
In our new videos, you can learn about Grant Thornton Baltic's main areas of activity - accounting, auditing and advisory - as well as our culture: yes, we are not dry numbers people, but we appreciate humor, and we are helpful and solution-seeking with both clients and colleagues.
Payroll Home
Parental benefit Calculation of parental benefit to change starting 1 September
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.
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Legal Amendments to Employment Contracts Act enter into force on 1 August
The European Union directive on transparent and predictable working conditions has been transposed into national law. The corresponding amendments come into force on 1 August 2022, but it would be a good idea for employers to start preparing for this date already.
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Data protection Know the rules for video surveillance
Video surveillance is used on streets, vehicles, shops, offices – pretty much everywhere. Whenever anyone leaves home – and as soon as they close the door behind them – they can wind up on someone else’s camera footage. Even when hiking in the woods, it’s possible to be captured by a wildlife camera.
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Case study We advised German company RAUMEDIC
Grant Thornton Baltic OÜ advised German company RAUMEDIC AG on the acquisition of aktsiaselts A&G. RAUMEDIC AG is a leading developer and manufacturer of systems and components and a partner to medical and pharmaceutical industries. Core business of aktsiaselts A&G is production of medical supplies.
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    Tax Developments in Estonia on the global minimum tax front 11 Mar 2022
    On 22 December 2021, the European Commission introduced a draft of a minimum tax directive designed to impose on large corporations an obligation to pay at
    Income tax Some useful advice on declaring income 02 Mar 2022
    Starting 15 February, personal income tax returns can be filed; for many people, this process is associated with receiving tax refunds. A tax return must also
    Transaction advisory The experience of a businessman who sold his life’s work: how to get top dollar from the Chinese 10 Feb 2022
    A businessman who started a company in Estonia even before the country had regained independence, Kevin Probert-Ehaver, recently sold his life’s work – the
    Tax Key changes in tax legislation in the Baltics in 2022 20 Jan 2022
    In the beginning of the year, several tax changes were introduced in Estonia, Latvia and Lithuania.
    Tax VAT reduction possible on bad debts from 2022 17 Jan 2022
    From 1 January 2022, the Estonian Value-added Tax Act will have a new section, 291, setting forth the conditions on the basis of which taxable persons can
    Transfer prices Amendments to transfer pricing regulation put more focus on profit shifting 13 Jan 2022
    From 2022, an updated regulation will take effect, regarding the methodology for determining transactions between related persons. Since it was adopted in
    6 of 40 article
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