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Help for individuals

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SRS surveillance is not limited to businesses. Individuals with complex income structures – foreign income, real estate, cryptocurrencies, inheritances, corporate dividends – often face tax filing issues where a mistake can be costly.

Expa helps individuals navigate their tax obligations, prepare for SRS audits and protect their interests.

Our services for private individuals:

  • Annual income tax return (AIT) – Preparation and submission in EDS
  • Declaring foreign income – employment income, dividends, interest income from outside Latvia
  • Cryptocurrency income – Calculation and correct declaration in accordance with the Cabinet Regulations
  • Property taxes – Tax consequences of sales transactions
  • Self-employed status – SRS registration, social security contributions, personal income tax
  • Correspondence with SRS – answers to SRS requests and explanations
  • SRS inspection support – document preparation and representation

Frequently asked questions

Do I have to declare income I receive from abroad?

Yes. Latvian residents are obliged to declare all income – both income earned in Latvia and income earned abroad – in accordance with the Personal Income Tax Act. Failure to declare income can lead to a tax inspection and penalties by the SRS.

What happens if I delay filing my declaration?

Late submission to the SRS may result in late payment penalties. If no income is declared at all, the penalty can be substantial – interest and penalties are added on top of the unpaid tax. It is better to contact us in good time.

Cooperation steps

1. Contact

2. Assessing the situation

3. Offer

4. Implementation

Why Expa?

Experience since 2010. The new European Year

Individual approach

SRS audit support

Proactive risk management