TaxxaCompany Logo

Menu

Company

About usCareersBlogContact usLinkedInYouTube

Product

FeaturesPricingFAQ

Legal

Cookie PolicyData Processing AgreementPrivacy PolicyTerms and Conditions
© 2026 Taxxa AI Oy. All rights reserved.
  1. News
  2. /Latvia
  3. /Accounting & Reporting

Latvia·Valsts ieņēmumu dienests

Online platform fees remain part of microbusiness taxable turnover

VID explains gross receipts, withheld commissions and payment timing for single-entry bookkeeping. A net bank credit alone does not capture the whole transaction.

By Taxxa AI Oy · Published 6 August 2026

Accounting & Reporting

A platform's withheld commission does not reduce turnover subject to Latvia's microbusiness tax.VID VID's guidance on online transactions explains that the fee forms part of business receipts even where the platform deducts it before transferring the balance to the trader's account.

The distinction matters when the account statement shows only net receipts. The guidance treats the withheld amount as both business income and an expense. Under the microbusiness tax regime, expenses are not deducted from taxable turnover.VID Under the general personal income tax regime, the commission is recorded as income and as a business expenseVID, with the expense deductible in that regime.VID

VID illustrates the general-regime treatment with a €100 payment from a customer, a €3 platform fee and €97 transferred to the business account. The bank receipt and the withheld fee are separate elements of the bookkeeping entry.VID Recording only the cash received would omit the part of the transaction settled by the platform's deduction.VID

The guidance also distinguishes receipt timing by the payment arrangement. Where a system is directly linked to a bank card, it recognises income when money is received in that system. Where the system is not linked to a bank card, it recognises income when the funds reach the bank account.VID VID uses PayPal and Stripe as examples of those respective arrangements.VID

Single-entry bookkeeping follows the cash principle: income is recorded when received and expenses when incurred.VID Entries are supported by external or internal source documentsVID, and bank-account transactions can be recorded from account statements. Amounts in the journal are expressed in euros and cents.

For commissions withheld by the platform, VID requires an internal source document prepared under the Accounting Law.VID The guidance applies that documentation requirement to both personal income tax and microbusiness tax payers.VID It also explains why a permitted exemption from keeping the journal does not make a net-only payment statement sufficient to capture all data needed for calculating the tax.

The legal basis discussed is the Accounting Law, section 11, Cabinet Regulation No. 322 on single-entry bookkeeping and the Microbusiness Tax Law.

Reconcile gross receipts, platform fees and net transfers, retaining the required supporting document.

Sources

  1. Metodiskais materiāls - Par tiešsaistes (online) darījumu uzskaiti vienkāršā ieraksta sistēmā (05.08.2026)

Share with your network

More on this

  1. 28 Aug 2026

    VID sets out settlement processing times by tax-dispute stage

  2. 28 Aug 2026

    Non-EU EORI applicants are asked to identify first customs use

  3. 28 Aug 2026

    VID refund timetable distinguishes applications from tax returns

  4. 28 Aug 2026

    Temporary-admission guidance clarifies which authorisation route to use

  5. 29 Aug 2026

    Auditor applicants gain three Latvija.gov.lv submission routes

Latvia news