News
Employment collective agreement and additional employee benefits without tax liabilities
On 15 November 2021, the Parliament [Saeima] passed amendments to the Law “On Resident Income Tax”. Along with these amendments becoming effective on 1 January…
State aid for companies affected by the COVID-19 crisis
Special crisis measures (working capital grant, wage subsidies, working capital loan, loan holidays guarantee, etc.) are available for companies whose activities have been significantly restricted…
Client survey 2020
While the previous year presented its fair share of challenges, Leinonen Latvia has maintained its position as one of the most highly acclaimed accounting consulting…
Leinonen Belarus is now open for business in Minsk
We are delighted to inform our clients and partners that Leinonen has expanded its coverage of Eastern European markets to include Belarus. Our Minsk office…
Tax exemption for staff catering expenses
Let us remind on an exemption from taxation on the part of employer costs paid for staff catering up to EUR 480 per year (average…
Leinonen Latvia – accounting outsourcing industry leader in Latvia
28 September 2017, Leinonen Latvia participated in the 7th annual conference Accounting Forum 2017 organised by the Association of Accountants of the Republic of Latvia…
Representation or advertising expenses?
An important factor in a business development is effective advertising, networking with customers and partners and organization of various representative events. However, the correct and…
Mistakes in VAT application and it consequences
Value added tax – the most risky tax. Information in the website of the State Revenue Service (SRS) on the results of tax audits carried…
New reporting for groups of multinational enterprises
In April 2017, the Cabinet of Ministers reviewed draft amendment of the law ”On Taxes and Fees” which foresee an obligation of taxpayers to submit…