WORK & MONEY
Self-employed tax calculator 2026
Estimate social contributions and personal income tax for a Latvian self-employed person using the general tax regime.
This calculator is for the general self-employed tax regime and assumes the person is not of pension age and is not a real-estate manager. It uses the minimum VSAOI base of €780 per month. Actual income tax may differ if you have salary, pension, other income, additional reliefs or choose a higher VSAOI base.
How are self-employed taxes calculated in 2026?
Monthly business profit is revenue minus eligible business expenses. If monthly profit is below €780, a 10% pension contribution is due on the actual profit. At €780 or more, the general VSAOI rate of 31.07% applies to at least €780, while the remaining profit is subject to a 10% pension contribution.
Personal income tax for the self-employed
Income tax is calculated annually. In 2026 the annual tax-free allowance is €6,600. The progressive rate is 25.5% on annual taxable income up to €105,300 and 33% above that. If total annual income exceeds €200,000, an additional 3% may apply to the excess.
Frequently asked questions
Is this a micro-enterprise tax calculator?
No. This calculator is for the general self-employed tax regime. Micro-enterprise tax follows different rules.
Why is annual mode more accurate?
The €780 VSAOI threshold is assessed separately for each month, so dividing an uneven annual income by 12 can produce an incorrect result.