Tax Board leaves businesses one day to submit new online reports

New requirements for Estonian businesses for reporting income and social tax entered into force on January 1, but Tax Board’s online systems will start accepting income and social tax declarations only on February 9, ie one day before the statutory reporting deadline.

Although Tax Board has promised to launch the online system already on February 6, some companies could miss the deadline if there are problems with the online system.

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Tax authority has better means to fight shadow economy

Marek Helm, director-general of the Tax Boad, says that, finally, the tax authority has the means to fight shadow economy, writes Postimees.

Helm said that such tools as the employee registry, reporting of transactions in excess of 1,000 euros, new reporting requirements on income and social tax and e-tax board are changes that were implemented in less than a year.

Helm said that many of his colleagues in other countries have expressed their surprise over such speed of implementation.

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Change of VAT on company cars boosted tax inflow by 10.3 pct

Estonian state collected 478 million euros in taxes in November, marking an increase of 10.3 percent year on year.

The increase in the sale of motor vehicles in the past two months can be considered a one-off cause.

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Read also Refunding VAT on company cars may change

Consumer Protection Board takes Elisa to court

The Consumer Protection Board has taken mobile phone operator Elisa to court over e-bill fees.

The aim is to get the money charged for bills sent by email back for customers, the Board told ETV on Thursday.

The Board said customers should have the possibility of receiving e-bills without an additional charge.

Elisa said customers can log into their online accounts and see their bills for free.

At the beginning of the year the company instituted a 60-cent surcharge for bills sent via e-mail.

Source: ERR News

5 mEUR euros in tax still unpaid

Estonian Tax and Customs Board said this week that it is still waiting for 4.9 million euros in income tax and social tax as well as the second payment of land tax that was due by October 1.

The authority said that some 2,400 people have not fulfilled their tax duties worth around 2.2 million euros.

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20 pct cut in unemployment insurance premium proposed

The Unemployment Insurance Fund board has approached the Cabinet with a proposal to lower the unemployment insurance premium from 3 percent to 2.4 percent.

Currently employees pay 2 percent and employers 1 percent. Under the new proposal, the split would be 1.6 percent and 0.8 percent.

The fund’s board, which is currently chaired by the head of the country’s unions, Peep Peterson, said Monday’s offer was a compromise.

“The new premium rate would allow us to cover the needs of the work ability reform and to continue amassing reserves at a reasonable rate,” said Peterson, as reported by uudised.err.ee. “The board reviewed the potential crisis scenarios before making the decisions and we can be sure that we can get by with the with the insurance resources we have even in complicated times.”

Read more from ERR News

Employment register brings additional 10 mEUR annually

According to Tax Board estimates, the new staff register, which requires the registration of all employees before they begin work, will bring in an additional 10 million euros in tax revenue each year.

The register should affect the construction and catering sectors the most, Postimees reported, as the percentage of staff being paid in cash under the table is 43 and 14 percent, respectively.

The actual process of registration has been streamlined, as companies only need a few minutes to register a new staff member and that registration must now only be made at the Tax Board, previously employees had to be registered at a number of state institutions, including the Health Board.

Before the new requirement entered force on July 1, companies had more time to register employees and would only make staff official after crackdowns. The Tax Board often found many employees officially on their first day at work, although they had been working for the company for months.

Source: ERR News

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