Sport 🏀 ⛷ costs and taxation

Tööandjal on õigus hüvitada töötajale või juhatuse liikmele spordikulud (nagu nt tantsutunnid, jooga, ujula, avalikud spordiüritused jms) inimese kohta 400.- aastas maksuvabalt.

Instead of sports, employer can compensate private insurance.

In addition to sports and insurance, there is a possibility to pay for the services of a physiotherapist, speech therapist, psychologist (appropriate certificate needed in theirs case). A complete list of tax-free services is specified in the income tax law (TuMS § 48 lg 5.5).

Important:

 

✅ All employees should be entitled to benefits, not selectively
✅ accounting must be kept for each employee separately

✅ VAT cannot be deducted
✅ it is important to have an invoice/check for the service used.
 

If there are many employees in the company, then convenient accounting is provided, for example, by the Stebby system (former Sport ID).

 
Once a year (by February of the next year), a declaration of such expenses must be submitted to INF 14, Part III. Such costs do not involve additional taxes.