Salary calculator
This salary calculator helps you to get a net salary from gross salary and vice versa using SRS data in Latvia. Our 2025 salary calculator will help you calculate your net salary, taking into account income tax, social contributions (VSAOI), and the latest legislative changes.
Available years: 2022 - 2025.
Calculation result
| Net salary (take-home) | 1330.24 EUR | |
| Social tax | 10.5% | 189.00 EUR |
| Non-taxable minimum | 510 EUR | |
| Personal income tax | 25.5% | 280.76 EUR |
| Social tax, employer's part | 23.59% | 424.62 EUR |
| Business risk fee | 0.36 EUR | |
| Total employer's expenses | 2224.98 EUR | |
In 2025, new rules on taxation and social insurance come into force in Latvia. The key changes affecting salary calculations are:
- The personal income tax non-taxable minimum in 2025 is €510 per month (€6,120 per year).
- Working pensioners with a pension of up to €1,000 per month may apply a split non-taxable minimum, provided the tax book is filed to employer: €500 via the employer and €500 via the VSAA.
- Personal income tax rates: 25.5% on income up to €105,300 per year; 33% on income above this amount. An additional 3% applies to income above €200,000 per year.
- The minimum monthly wage in 2025 is set at €740.
- The minimum mandatory social insurance contribution (VSAOI) is calculated from a quarterly €2,220.
- The maximum amount of VSAOI is €105,300 per year.
These 2025 tax changes are important to consider when calculating take-home pay.
Salary and Non-taxable minimum (differentiated till 31.12.2024)
Till 31.12.2024 in the field "non-Taxable minimum" is specified "0", because now it is not a fixed data, you have to specify this minimum in accordance with the data of the SRS or taxpayer's predicted minimum.
In 2025 non-taxable minimum is €6120 yearly or €510 monthly regardless of the amount of income.
From 01.01.2025, working pensioners with pension till €1000 monthly, if the tax booklet is submitted to the employer, are entitled to a tax-free minimum of €500 per month to employer and €500 to VSAA.
The maximum non-taxable minimum per year till 2025 is:
- In 2023/2024 — €6000 (€500 monthly);
- In 2022 — €5100:
- 01/01-30/06 — €2100,
- 01/07-31/12 — €3000;
- In 2020-2021 — €3600.
The non-taxable minimum till 2025 is €0:
- In 2021-2024 — if the annual taxable income is more than €21600, for example, the salary is €1801 per month.
Salary and Progressive monthly income tax rate
The rate 25,5% from 01.01.2025
The rate of 20% on monthly income is up to €1667 (till 31.12.2024).
The rate of 23% on the part of the monthly income after €1667 (till 31.12.2024).
Salary and Progressive annual income tax rate
From 01.01.2025 the rate 25,5% on annual income up to €105300 and the rate 33% on annual income exceeding €105300.
A 33% personal income tax (IIN) rate is applied in a summarized manner when submitting the annual income tax return.
In 2025, an additional tax rate of 3% will apply to incomes exceeding €200000 per year.
Till 31.12.2024 the rate of 20% on annual income up to €20004.
In 2022-2024 the rate of 23% on the part of annual income exceeding €20004 and up to €78100.
In 2021 the rate of 23% on the part of annual income exceeding €20004 and up to €62800.
In 2022-2024 the rate of 31% on the annual income exceeding €78100 when filing the annual Declaration.
In 2021 the rate of 31% on the annual income exceeding €62800 when filing the annual Declaration.
Minimum wage/salary
The minimum wage within the normal working time is:
- In 2025 is €740 per month;
- In 2024 is €700 per month;
- In 2023 is €620 per month;
- In 2021/2022 is €500 per month.
The minimum wage is defined in the Cabinet of Ministers Regulation No. 656.
From January 1, 2024, micro-enterprise tax payers who simultaneously receive income subject to personal income tax will receive a non-taxable minimum and benefits for dependents.
Thanks to everyone who helps to improve this salary calculator!