Mark Your Calendar! Key 2025 Deadlines for the Self-Employed

The beginning of the new year is the perfect time for self-employed persons and microenterprise tax (MUN) payers to plan the most important deadlines for their business activities. We’ve prepared a brief summary – mark your calendar and set reminders to manage your accounting on time!

If you are a self-employed person paying taxes under the general system:

• by January 17, April, July, October: self-employed quarterly report
• by January 23, April, July, October: social security contributions to the Unified Tax Account
• by February 23, May, August, November: corrections to the previous quarter’s report
• March 1 – June 1: submission of the annual income declaration at eds.vid.gov.lv
• by June 23: payment of personal income tax to the Unified Tax Account
• by December 16: submit a notification at eds.vid.gov.lv if you wish to become a MUN payer.

If you are a microenterprise tax payer:

• by January 15, April, July, October: MUN quarterly declaration
• by January 23, April, July, October: MUN payments to the Unified Tax Account

Minimum Social Contributions

This mandatory contribution must be made by the self-employed based on the national minimum monthly wage – 740 EUR per month or 2220 EUR per quarter. If this income level is reached, it is considered that the minimum contributions are made with the submission of the quarterly report and payment of social contributions, and nothing further needs to be done.

If you expect not to reach this income level and will not be able to make the contributions:

• by January 17, April, July, and October, submit a forecast of income for the next quarter at eds.vid.gov.lv;
• by January 17, you may submit a forecast for the entire year 2025.

If no forecast is submitted, additional contributions will be calculated. Payments for the previous calendar year must be made by October 23.

If you are a self-employed VAT payer:

If you submit VAT declarations monthly, they must be submitted by the 20th of each month. If submitted quarterly, the due dates are January 20, April, July, and October 20. In both cases, VAT payments must be made by the 23rd of the same month the declaration was submitted.

Set reminders!

In the “Profile” section of your Pats.lv account, under your username, you will find an option to set up notifications in your profile and/or by email regarding reports, tax payments, and the need to become a VAT payer.

If you are not yet a Pats.lv user, we recommend trying it in 2025 to automate tax calculations and report generation!

Important! Before getting started, familiarize yourself with this year’s tax changes in our blog post. Wishing you a smooth accounting year!