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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
Calculating the Basic Exemption from 2026
Tax Calculating the Basic Exemption from 2026
The “tax hump” that has been in place for eight years will be abolished, and starting from 1 January 2026 a uniform basic tax exemption of €700 per month (€8,400 per year) will apply regardless of a person’s income level. For those of retirement age, a slightly higher exemption will continue to apply—€9,312 per year.
Urzula Välb
Urzula Välb
| 3 min read | 02 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Tax Act, adopted at the end of last year and widely debated due to the proposed taxation of corporate profits, has been repealed.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
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