Salary Calculator
Are you planning your salary or want to understand how much you will receive 'on hand'? Salary Calculator 2025 provides an accurate and quick calculation, taking into account the latest tax laws in Latvia. With this tool, you can easily determine both gross and net salary, as well as employer costs.
Employee costs
Employer costs
All costs
*The calculations provided by the calculator are for informational purposes only and are not intended for precise tax calculations. The salary calculator is not a substitute for payroll calculations performed in accounting software.
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Frequently Asked Questions
Enter the gross or net salary. Provide the necessary information – for example, whether you have dependents. Click 'Calculate'.
Our 2025 salary calculator uses the official STATE social insurance contribution rates: Employee contribution: 10.5% Employer contribution: 23.59% Calculation formula: Net salary = Gross salary - (Gross salary × 25.5%) - (Gross salary × 10.5%) + Non-taxable minimum
Yes, the calculator is suitable for both – you can see the full cost structure from both sides.
Formula: (Full-time salary × Working hours) / 160 Example: €740 salary for 80 hours: (740 × 80) / 160 = €370
After calculation, you will receive a detailed report including: Net salary Personal income tax (PIT) Social insurance contributions (employee and employer parts) Total employer costs
€600/month for persons who have reached retirement age.