10 December 2020 | Tigran Bagoyan
Ctrl + O
Categories: | Blog, Clients, Employees, Facebook, Insights |
Tags: | For business, For employees, Outlook Keyboard Shortcuts, Tips & Tricks |
10 December 2020 | Tigran Bagoyan
Ctrl + O
Categories: | Blog, Clients, Employees, Facebook, Insights |
Tags: | For business, For employees, Outlook Keyboard Shortcuts, Tips & Tricks |
16 October 2018 | Tigran Bagoyan
Select raw Shift + Spacebar / Select column Ctrl + Spacebar
Insert new raw/column above the selected raw Ctrl + Shift + +
Categories: | Blog, Clients, Employees, Facebook, Insights |
Tags: | Excel Keyboard Shortcuts, For employees, Tips & Tricks |
14 September 2018 | Tigran Bagoyan
Ctrl + A – selects the entire contiguous range;
Ctrl + A Twice – selects the entire sheet;
Ctrl + Spacebar – selects the entire column;
Shift + Left/Right Arrow – selects multiple columns;
Shift + Spacebar – selects the entire row
Shift + Up/Down Arrow – selects multiple rows;
Shift + Backspace – deselect raw/column/table.
Categories: | Blog, Clients, Employees, Insights |
Tags: | Excel Keyboard Shortcuts, Tips & Tricks |
23 August 2018 | Tigran Bagoyan
Windows logo key + E – Opens Windows Explorer window.
Categories: | Blog, Clients, Employees, Insights |
Tags: | Tips & Tricks, Windows Keyboard Shortcuts |
10 May 2018 | A2B Newsroom
Overview of company liquidation procedure
Categories: | Insights |
Tags: | For business |
1 March 2018 | A2B Newsroom
According to Latvian law “On taxes and duties” (likums “Par nodokļiem un nodevām”) Clause 15.1 7 and MK Rules Nr. 537 “Rules on taxpayers and taxpayers business location registration in SRS” dated 22 September 2017 (2015. gada 22. septembra MK Noteikumi Nr. 537 “Noteikumi par nodokļu maksātāju un nodokļu maksātāju struktūrvienību reģistrāciju Valsts ieņēmumu dienestā”) companies have to register in SRS each location where they conduct business. This means that if a company has any operations outside its legal address, it needs to register it in SRS as a business location.
So, please check the following non all-inclusive list of most common types of operations that may require registration of a business location, if they are not conducted at a legal address:
The business location should be registered within 10 days from the date of taking respective decision on creation of such business location.
See more information on SRS website Struktūrvienības reģistrācija.
Categories: | Insights |
Tags: | For business |
1 February 2018 | A2B Newsroom
Beneficiary: | Valsts Kase |
Beneficiary’s Bank: | Valsts Kase |
SWIFT: | TRELLV22 |
IBAN: | LV08TREL1060000121000 |
Purpose of payment: | UIN par [year or month] |
Beneficiary: | Valsts Kase |
Beneficiary’s Bank: | Valsts Kase |
SWIFT: | TRELLV22 |
IBAN: | LV91TREL1060000110000 |
Purpose of payment: | IIN par [month] |
Beneficiary: | Valsts Kase |
Beneficiary’s Bank: | Valsts Kase |
SWIFT: | TRELLV22 |
IBAN: | LV37TREL1060000220000 |
Purpose of payment: | VSAOI par [month] |
Beneficiary: | Valsts Kase |
Beneficiary’s Bank: | Valsts Kase |
SWIFT: | TRELLV22 |
IBAN: | LV37TREL1060000511000 |
Purpose of payment: | PVN par [month or quarter] |
Categories: | Insights |
Tags: | For business |
1 February 2018 | A2B Newsroom
How to approve documents prepared by your accountants using you internet bank authorisation data.
Used for submission of Power Of Attorney, applications to transfer taxes, etc.
How to give access rights to EDS to your accountant.
Categories: | Insights |
Tags: | For business |
1 February 2018 | A2B Newsroom
A company has to pay payroll tax from minimal salary in a month when both of the following conditions applies:
For 2018, the minimal salary is EUR 430 a month, therefore monthly sales treshold is EUR 2,150.
In this case, the company will have to pay approximately EUR 235 for the month when the above conditions apply. The aforementioned tax amount is calculated as follows:
Minimal salary: | A | 430.00 |
Employee’s part of social security contributions (10.5%1 of A): | B | 45.15 |
Taxable income: | A-B | 384.85 |
Corporate income tax (23%) of A-B: | C | 88.52 |
Social Security Contributions (34.09%1) of A: | D | 146.59 |
Total tax: | C+D | 235.11 |
It is important to know that if a company has several board members, by default the tax should be paid on each of the board members.
There is a legal way to limit the tax to one board member. If this is applicable to you, please contact us for consultations and help.
1 Clause 18 (1) of the Latvian Law on Social Security. Law edit that sets in force on 1 January 2018.
Categories: | Insights |
Tags: | For business |
1 February 2018 | A2B Newsroom
At the moment, and until the end of 2017, companies pay Corporate Income Tax (CIT) in the amount of 15% every year when they have taxable profits. As a part of Tax Reform, from 2018 CIT is payable at profit distribution. This means companies do not have to pay CIT every year when they have taxable profits. Instead, they have to pay tax at the rate of 20% when they distribute dividends.
For profit making companies and international groups, it becomes very favorable to use a Latvian company for accumulation of profits. On the contrary, the loss-making companies suffer, since they have only 5 years to use their accumulated tax losses and they will be able to use only 50% of their accumulated tax losses.
Currently, before getting to the owner Company’s profits are taxed at the effective rate of 23.5%. Profit is taxed at 15% CIT and then the remaining profit is taxed at 10% dividend tax. From 2018, these two taxes are replaced by 20% CIT that is payable at distribution of dividends. So, effectively tax rate has been decreased and payment is delayed until distribution date. This means that it is favorable to keep profits undistributed and reinvest them.
To avoid tax avoidance the law foresees that the tax is payable not only at distribution of dividends but also other items that can be deemed as indirect profit distirbution. In the law such items are classified as:
Main items that are considered as profit distribution can be specified as follows:
At the date of writing this text the law text was not available in the site www.likumi.lv. We used the law text published on www.vestnesis.lv/op/2017/156.2.
Categories: | Insights |
Tags: | For business |