Latvia

News from the country

SRS Introduces Audio Assistance in Client Communications

On December 20, 2023, the State Revenue Service (SRS) introduced a new tool - the audio assistant - for communication with clients who cannot be contacted through...

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SRS Offers More Favourable Tax Payment Options for Taxpayers

New agreement options are now available to entrepreneurs and citizens for whom SRS has initiated tax checks and identified unpaid tax payments, which can reduce...

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SRS Inspections will be Simpler and Easier to Understand

To streamline and simplify work with taxpayers, one tax control will replace the previous four different types of tax inspections. Up until now, SRS used thematic...

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SRS: Only Licensed Accountants can Provide Accounting Services in Latvia

As of July 1, outsourced accounting (bookkeeping) services may be provided by licensed accountants only. Licenses are issued by the State Revenue Service (SRS). The...

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The State Revenue Service (SRS) of Latvia Announces its Development Strategy for 2023-2026

The State Revenue Service (SRS) of Latvia has approved and published its development strategy for the next four years, setting out the institution's priorities,...

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Latvia to Launch a Rating System for Companies

In 2024, the State Revenue Service (SRS) will launch a rating system for Latvian companies. Amendments to the law On Taxes and Fees were approved by Parliament...

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Latvia Automates Inclusion of Medical Expenses on Tax Returns

Taxpayers in Latvia can reduce paperwork when filing their annual tax returns by having the medical institution automatically send an electronic receipt to the...

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SRS to Offer New Automated Tax Payment Services to Micro-Enterprises

The State Revenue Service of Latvia  (SRS)  is pleased to announce that it has expanded its service platform with a new option to open a special Commercial...

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SRS Improves Client Services

In its efforts to improve client service and boost its reputation among users, the State Revenue Service of Latvia (SRS) has initiated internal quality checks...

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Simplifying taxpayer identification

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