Valsts ieÅÄmumu dienests (State Revenue Service) has announced the following tax filing deadlines for various types of tax returns. Stay compliant with your tax obligations to avoid penalties and ensure smooth financial management.
š Declaration on amounts paid to a private individual
- Filing Deadline: By the 15th of the following month or by 1 February of the following year
- Tax Payment Due Date (if withholding tax): By the 23rd of the following month
š Declaration on amounts paid to a private individual for income recipient – natural person – domestic employee of a foreign employer
- Filing Deadline: By the 17th of the following quarter or by the 17th of the month following the month of termination of employment
- Tax Payment Due Date: By the 23rd of the month following the quarter or by the 23rd of the month following the month of termination of employment
š Annual tax return
- Filing Deadline: From 1 March to 1 June of the following year
- For income exceeding EUR 78,100: from 1 April to 1 July
- For income under EUR 78,100 and tax payable under EUR 640: Payment due by 23 June of the following year or in three equal payments on 23 June, 23 July, and 23 August if the tax payable is over EUR 640.
- For income over EUR 78,100: Tax payment due by 23 July of the following year or in three equal payments on 23 July, 23 August, and 23 September if the tax payable is over EUR 640.
š PIT declaration on income gained by a non-resident private individual and on taxes paid in Latvia
- Filing Deadline: By the 15th of the following month
- Tax Payment Due Date: By the 23rd of the following month
š Employer report
- Filing Deadline: By the 17th of each month
- Tax Payment Due Date: By the 23rd of the reporting month or following month
š Seasonal agricultural income taxpayer employer report
- Filing Deadline: Each month within 5 working days after the last day of the month of employment of the seasonal agricultural worker income taxpayer (employee)
- Tax Payment Due Date: By the 23rd of the following month
š Declaration on capital gains
- Filing Deadline (Total capital gains exceeding EUR 1000 in the quarter): By the 15th of the following month
- Filing Deadline (Total capital gains not exceeding EUR 1000 in the quarter): By the 15th of January of the following year
- Tax Payment Due Date (for foreign taxpayers): By the 23rd of the month (or following month) in which the report on capital gains was filed
š Information on transactions initiated but not completed in one taxation year
- Filing Deadline: Once a year by 1 June of the following year
š Adjusting annual capital gains income
- Filing Deadline: From 1 March of the following year
š Information on credit status
- Filing Deadline: By 1 June of the taxation year
Ensure your taxes are filed accurately and on time to avoid any issues. For professional accounting services, don’t hesitate to contact BL Accountants. We are here to provide you with the best accounting support.
š¼ BL Accountants – Your Partner in Accounting Excellence!
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