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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.
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.
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.
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.
Our risk management services team has once again taken a big step toward the title of the team with the best qualifications.
Four of the team’s professionals already hold an internal auditor certificate, and now all of our internal auditors have a master’s degree.
One of this year’s three graduates, Maarja Männik had the special distinction of being invited to a reception hosted by the Estonian President in honour of the country’s best graduates.
The team members’ master’s theses were defended on different topics at three universities:
- Maarja Männik, Tallinn University of Technology, cum laude, Master of Science in Engineering
Master’s thesis topic: “Principles for designing a proactive and personalised ‘one-stop shop’ service for people with reduced work ability in Estonia” (prepared in English) - Marin Jakobson, Tallinn University, Master of Social Sciences
Master’s thesis topic: “Siseauditi aruande tekst ja selle vastuvõetavus” (Text of internal audit report and acceptability of the text) - Nele Jaago, University of Tartu, Master of Business Administration
Master’s thesis topic: “Mahetoidu valdkond rohelise turunduse aspektist" (The organic food sector from the aspect of green marketing)
Congratulations to our graduates!
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