30.10.2014 Changes in Income Tax Act and Value Added Tax Act

30 October 2014
AUDITOR Newsletter

We would like to inform you about changes in the accounting and tax legislation. These include especially amendments to the Income Tax Act, the Value Added Tax Act and the Act on the Provision of the Service of Child Care in Children Groups. The laws are effective from 1 January 2015. However, due to transitory provisions, some of the changes can be applied already in 2014. Most of these legislative amendments have not entered into force as yet but can be expected to pass the legislative process in the proposed wording.

We therefore inform you about these new developments already now so that we can reflect the changes awaiting us in the coming year together and in time.

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