Latvia has experienced a downturn in the business environment

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Since 2019, the advantages of the microenterprise tax payer were to be taken by 693 people, and the number of people who lost this status is four times as high – 2860, according to the State Revenue Service.

These data show that the number of active taxpayers with a microenterprise is about 40 thousand and was not affected by either an increase in the tax rate to 15% of the company’s net turnover, or a decrease in the net turnover ceiling from 100 thousand euros in 2017 to 40 thousand in 2018.

As taxpayers with a microenterprise interviewed by the Diena Bizness newspaper noted, “everything is bad for a bad dancer,” and those who really work and whose services are in demand can always find a solution.

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