In recent years, running a business from home has become increasingly popular, as it allows for savings on office space rent and related expenses. However, many entrepreneurs may wonder which expenses can be accounted for within the home office and how they should be documented. In this article, we will discuss the main aspects related to expense reimbursement and taxation within the home office.
Is AI threatening the accounting profession?
In today's world, technology is increasingly penetrating all areas of our lives, and accounting is no exception. Developments in the field of artificial intelligence (such as the sensational ChatGPT), machine learning and computer technology allow you to automate many tasks and processes that were previously performed manually. But is full automation of accounting possible?
Top 5 questions about minimum wage in 2023
As of January 1, 2023, the minimum wage for an employment contract has changed in Estonia. Instead of 654 euros the new amount became 725 euros gross. We have selected the top 5 main questions that arise when our clients change the amount of the minimum wage every year.
When is the deadline for filing the annual report for 2022?
When is the deadline for submitting the annual report for 2022, if the financial year is a calendar year? In general, the deadline for submitting the annual report is 6 months from the end of the financial year. The business year of the company is specified in the company's articles of association. Example The business year of an enterprise, according to the charter, starts on 01.01 and ends on 31.12.
Tax risks of buying goods for an Estonian company
In the last few years, there was an increasingly frequent situation where an Estonian company bought goods from another country in the European Union, and did not bring them into Estonia, but instead sold them to another EU country or a third country.