
Līdzīgi raksti

Can a self-employed person deduct these expenses?
The activity of a self-employed person is unimaginable without expenses that support business development. The advantage of being self-employed is that these expenses can be attributed to economic activities, thereby reducing taxable income. Do you think you are deducting all possible expenses? We have compiled some of the most interesting questions related to various types of expenses and explain whether they can be attributed to economic activities and, if so, how to do it correctly.
13. August, 2024
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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!
3. January, 2023
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How can a self-employed person earn more?
Unlike employees, self-employed individuals often need to find additional jobs and ways to increase their income on their own. Some of the most popular ways self-employed people look for extra work and earning opportunities include...
15. April, 2025
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A self-employed temporarily has no income – how to register that?
Unlike those hired under standard employment contracts, self-employed people cannot always rely on a regular and consistent income each month. There may be periods where you do not receive any income for a month, a quarter, or even an entire year – particularly if you’ve only recently started your business activity, or your services are only in demand during certain seasons. We’ve summarised the key points to keep in mind in such situations.
9. May, 2025
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Annual Income Declaration
Submitting the annual income declaration (GID) is mandatory for persons engaged in economic activity and the self-employed. Self-employed individuals must complete section D3 in the EDS system when submitting their GID.
20. February, 2023
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