Estonia, Financial Services, Taxation
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Friday, 29.03.2024, 11:10
Estonian Tax, Customs Board: EUR 42 mln of declared labor taxes have not been paid yet
For April, 4,600 fewer companies filed income and social tax
returns than a month earlier. Among them were 99 larger taxpayers who paid more
than 10,000 euros in labor taxes for March, Imbi Kaunismaa, chief
specialist of the strategical analysis department of the Tax and Customs Board,
said at a press briefing on Monday.
Compared to March, the payment of labor taxes did not
decrease significantly. Compared to the previous month, the amount of tax paid
is five mln euros lower and, compared to April of the previous year, 63 mln
euros lower.
Valdur Laid, director general of the Tax and Customs
Board, said at the press briefing that entrepreneurs should submit declarations
on time even if there are difficulties in paying taxes. "Otherwise, it
will not be possible to reschedule the tax arrears, apply for a discount of up
to 100% on interest during the rescheduling, and also receive the state support
measures," he said.
Laid said that it is worth submitting a rescheduling
application as soon as possible, as it will take time to review them.
"However, in connection with the end of the emergency situation, the
legislation obliges us to start calculating interest on the tax arrears not
rescheduled and collecting the debt," he added.
In terms of volume, debt has grown the most in the
manufacturing industry, altogether over nine mln euros. In the information and
communications sector, the debt rate is 4.4 mln euros, and in the
administrative and support service activities, the debt rate is 4.1 mln euros.
In terms of share, the largest indebtedness is in
accommodation and catering, where approximately 56% of the declared obligations
are outstanding. This sector is followed by administrative and support service
activities, where 21% of labor taxes have not been paid, and agriculture, where
14% of labor taxes are outstanding.
By counties, the largest share of unpaid labor taxes is in
Voru County, Jogeva County, Saare County and Laane County companies, all with
10%.
The number of jobs and the salary fund decreased the most in
the accommodation and catering sector, where the number of jobs decreased by
one tenth compared to March and the salary fund decreased by 44%. Taking into
account the support of the Unemployment Insurance Fund, the decrease was 19%.
Similarly, there were a tenth fewer jobs in the arts and entertainment sector,
but the sector's salary fund fell by 21%. Taking into account the Unemployment
Insurance Fund's support, the decline was 16%.
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