Annual tax compliance: preparation and filing of 2008 personal income tax returns for recipients of the below income:
- Individuals receiving income overseas or from foreign companies;
- Non-taxable income (Section 9 of Personal Income Tax Act) in excess of four annual personal allowances or LVL 3 840 per annum;
- Self-employed persons.
Deadline for filing of personal income tax returns is 1 April 2009 by which date we provide 2008 Annual Tax Complianceto expatriates and other persons in addition to our usual consulting on personal tax issues:
| • Annual tax compliance : preparation and filing of 2008 personal income tax return |
Starting from LVL 100* |
• Individual tax assistance:
- Expatriate compliance and taxation;
- Application of double tax treaties/ calculation of foreign tax credits;
- Preparation of supportive documents for tax and accounting purposes;
- Transaction reporting under Latvian law. |
40 per hour |
• Consultations on labour income:
- Taxation of fringe benefits;
- Tax-exempt income;
- Payments to non-employees;
- Reporting requirements. |
40 per hour |
| • Accounting and tax reports to self-employed persons and sole traders |
Starting from 75 per month |
| • Consultations to real estate owners on their tax compliance |
Starting from 40 per hour |
| • Assistance in solving of different personal tax matters at the tax office |
40 per hour |
| • Claiming of tax refunds for overpaid tax |
5% from overpaid tax (minimum threshold 500) or 40 per hour |
*The above tariffs do not include Latvian VAT (21% or 0%) subject to legal address/ permanent place of residence of client