An up-to-date business overview of payroll taxes, VAT, corporate income tax, micro-enterprise tax and the checks required before making a calculation.
| Minimum monthly salary | 780 EUR |
| VSAOI general rate | 34,09% |
| Employer's VSAOI part | 23,59% |
| Part of worker VSAOI | 10,5% |
| Monthly tax-free minimum | 550 EUR |
| Relief for a dependent person | 250 EUR per month |
| Pensioner's tax-free minimum | 1000 EUR per month |
| minimum SSC facility per quarter | 2340 EUR |
| Status | Employee | Employer | Together |
|---|---|---|---|
| General laborer | 10,50% | 23,59% | 34,09% |
| Old age pensioner | 9,25% | 20,77% | 30,02% |
| Recipient of retirement or special pension | 9,76% | 21,94% | 31,70% |
| The situation | Rate | Note |
|---|---|---|
| Salary tax for monthly calculation | 25,5% | Applies to monthly taxable income after VSAOI and for relief. |
| Share of annual income up to 105,300 EUR | 25,5% | The first part of the progressive IIN. |
| Share of annual income above 105,300 EUR | 33% | Income thresholds should also be assessed in the annual declaration. |
| Additional rate above 200,000 EUR | 3% | It applies in general according to the provisions of the law. |
| PVN base rate | 21% |
| PVN reduced rates | 12%, 5% or 0% only in cases specified by law |
| UIN for distributed earnings | 20% of the gross base, or practically 25% of the net distribution amount |
| Micro business tax | 25% of the turnover, if the conditions of the MUN regime are maintained |
The figures on this page are a practical summary and do not override legislation or replace individual tax advice.
How to use the rate tables and recognise situations where a percentage alone is not enough for an accurate calculation.
Not always. You must also know the taxable object and period, exemptions, thresholds, taxpayer status and filing procedure. The table is therefore a guide, not a complete tax assessment.
Rates, allowances and thresholds may change from year to year. Apply the rules in force for the period in which the relevant tax liability arises.
Check current information in SRS guidance and the legislation in force on Likumi.lv. For a complex transaction, also review the contracts and its actual economic substance.
The result depends on VSAOI status, the payroll tax booklet, non-taxable allowance, dependants, absences, bonuses and annual income thresholds. A calculator is reliable only when the entered data matches the actual situation.
A reduced VAT rate applies only to goods or services expressly defined by law and when all relevant conditions are met. A similar product name is not enough; the actual transaction must be assessed.
The total mandatory contribution rate consists of the employee’s share, deducted from gross salary, and the employer’s share, paid in addition to gross salary. The exact split depends on the insured person’s status.
No. The micro-enterprise tax regime does not remove every other obligation. Employee taxation, VAT status, expenses and the owner’s social protection must also be assessed before choosing the regime.
The taxable event and recognition period must be determined under the rules for the relevant tax. The payment-date rate is not always decisive; delivery, invoicing or the income and expense period may matter.