GOOD TO KNOW

THE MINIMUM WAGE  
Monthly fee 2017 470 eur/month
Hourly fee 2017 2,78 eur/hour
Monthly fee 2018 500 eur/month
Hourly fee 2018 2,97 eur/hour
   
PERSONAL INCOME TAX 2017  
Tax-free income 2160 eur/per year 180 eur/month
Maksuvaba pension 2832 eur/per year 236eur/month
   
PERSONAL INCOME TAX 2018  
  Income tax free
Gross wages from 500 to 1200 eur/month 500 eur/month
Gross wages from 1200,01 eur to 2100 eur/month (tax-free amount decreases) formula
Gross wages 2100,01 eur/month  and more 0 eur
Tax-free pension  missing
Dividend tax accounting will not change if the salary is greater than  12*2100 eur
Dividend tax accounting does not change if earnings + dividend is less than  12*1200 eur
In other cases, the dividend received is subject to tax-free income.
   
EMPLOYER CAR 2017  
Used for private rides, no logbook  
 - fringe benefits taxes to the tax administration   169,6 eur/month 
Used for private rides, with a driving log  
 - fringe tax benefits to the tax administration (up to 5 year car) 0,1987 eur/km
 - fringe tax benefits to the tax administration (over 5 year, car engine 2000m3) 0,1325 eur/km
   
EMPLOYEE CAR 2018  
The employer permits (it is given a chance) to use the car for private use, then the fringe tax credit depends on the car's capacity (the log is not valid)  
 - fringe tax payments to the tax administration in one month (up to 5 year cars) 1,2985 eur/kW
e.g. 110kW * 1,2985 = 142,84 eur  
 - fiscal fiscal benefits to the tax administration in one month (over 5 year cars) 0,97387 eur/kW
e.g. 110kW * 0,97387 = 107,13 eur  
   
The employer does not allow the car to be used for private purposes, then a logbook or other certificate must be kept, and an indication must be made in the traffic register  
 - no fringe benefits and no payment to the tax administration
   
PERSONAL DRIVER BENEFITS 2017 (tax-free)  
Compensation for using a personal car for work can only be paid for duty-free with a diving log (max amount 335 eur/per month) 0,30 eur/km
   
PERSONAL CAR BENEFIT (tax-free)  
Compensation for using a personal car for work trips with a diving log (max amount 335 eur/per month) 0,30 eur/km
Compensation for using a personal car for work-home driving if the place of residence is at least 50km away from the work place and is kept on a logbook. (max amount 335 eur/per month) NB! Only with an employment contract 0,30 eur/km
Personal car use compensation for work-home travel if the place of residence is at least 50km away from the workplace and is reimbursed on the basis of the cost document (max rate missing). NB! Only with an employment contract amount of expense document
   
TIME FOR VAT OBLIGATION  
VAT liability arises if the sale exceeds a year (valid until 2017) 16 000 eur
VAT liability arises if the sale exceeds a year (valid until 2018) 40 000 eur
   
HEALTH PROMOTION EXPENSES IN 2018   
The employer may provide tax-free support for his employee's sport and health promotion (max 400 eur / per year) 100 eur/quarterly

AB Raamatupidamine OÜ | info@abr.ee | +372 6 825 530

© 2019