On amendments in Latvia as of 1.1.2025.

The main changes are related to PIT and there was already a blog about it. But everything else was not yet collected in one place. I will try to correct this omission (sorry, but it will be long).

Ch-ch-ch-ch-changes
Turn and face the strange

David Bowie

PIT

There was a separate blog about the draft personal income tax changes - as predicted, it has all materialized in the law.

Pensions

The dogs barked, but the caravan moved on. From January 1, 2025 to December 31, 2028, 1% of pension contribution rates has been transferred from the 2nd pension pilla…