Bank Statement as Proof for Business Expense Deduction Reader asks: A self-employed person has acquired a phone on installment from a mobile service provider for business purposes. The monthly phone bill is issued in the husband’s name. In this case, can the self-employed person deduct these expenses as business-related?
Amendments in Taxation Policies for 2025: What Self-Employed and Micro-Enterprise Tax Payers Need to The new year will bring a series of significant tax changes that will also affect entrepreneurs – self-employed individuals and micro-enterprise tax (MUN) payers. We have compiled the most important information – take a look and be ready for 2025!
Being self-employed and an employee in Latvia at the same time – what should you know? We’ve compiled answers to the most frequently asked questions by self-employed individuals – we believe this will help you take your first steps into business with more confidence!
Quarterly Self-Employment Report: 5 Frequently Asked Questions in Latvia Another quarter has come to an end, and it's time to submit your self-employment report. During the reporting period, we often receive several very similar questions from self-employed individuals – it's time to clear up these uncertainties!
Annual Income Declaration: What Should You Know? Starting from March 1, taxpayers can submit their annual income declaration. Private individuals can do this voluntarily, but for those engaged in economic activity – the self-employed – submitting the declaration is mandatory in order to calculate and pay personal income tax. As March 1 approaches, we’ve compiled some of the most frequently asked questions that PATS.LV users have previously had about completing the declaration…
28. October, 2024
