Month: March 2021

New joint account for tax payments

11 March 2021 |

From 2021, a new joint account for tax payments is introduced.

Also, payment deadline for all taxes has been set as 23rd date of month.

Requisites for the new bank account for tax payments:

Beneficiary: Valsts Kase
Beneficiary’s reg. Nr.: 90000010008
Beneficiary’s Bank: Valsts Kase
SWIFT: TRELLV22
IBAN: LV33TREL1060000300000
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Subsidies offered for companies whose turnovers suffered from Covid-19

2 March 2021 |

Companies whose turnover suffered as a result of Covid-19 can apply for subsidies for the period from November 2020 through May 2021.

Subsidy size

For months of 2021, 60% (for months of 2020: 30%) of total gross salary paid in August, September and November 2020.

Maximal total subsidy size – EUR 100,000 per month.

Eligible companies

Subsidy can be claimed for the months, where turnover has decreased by at least 20% as compared to the average of turnover for August, September and November 2020and also by at least 30% as compared to the respective month of 2019 or 2020.

Deadline for applying

The subsidies can be applied for by 15 June 2021.

There are certain conditions the company should comply with for applying for the subsidy.

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