
By 1 February 1 2025 of the agencies and businesses that provide people services with tax benefits shall report data on people’s expenditures to the Tax and Customs Department.Timely submitted data about tax benefits are pre-entered into the declaration of the income of an individual. This allows the individual to declare their income quickly, with accounting for deductions. This way, people will immediately know their
final tax liability for the past year. Data should be provided by banks, the pension register holder, insurance companies and educational institutions. Also people can deduct from income the value of gifts and donations that were made to the union, Included in the list of nonprofit
associations, targeted funds and religious associations with income tax benefits. When filing the declaration of income people can deduct from income expenses for training, gifts and donations up to 1200 euros. Deductions in the tax period may not exceed 50% of the taxable income in Estonia. In addition, it is possible to deduct payments made to a voluntary savings pension that is. payments into the Pension III step, not more than 15% of taxable income, but not more than 6000 euros per year.
Declaration of income begins 15 February and continues until 30 April. When declaring income NTD recommends people to be patient and prefer electronic filing declaration in the e-MTA environment. For more information about declaration of income for 2024 in 2025 year on the NTD website.