Home > Salary > Latvia > Tax Accounting Specialist
A tax accounting specialist is a professional who specializes in providing tax-related services to individuals, businesses, and organizations. Their primary responsibilities include preparing and filing tax returns, ensuring compliance with tax laws and regulations, and advising clients on tax planning strategies. They analyze financial records, identify tax deductions and credits, and calculate tax liabilities. Tax accounting specialists stay up to date with the latest tax laws and regulations to ensure accurate and timely filing. They may also assist clients during tax audits and provide guidance on tax-related issues. Attention to detail, strong analytical skills, and knowledge of tax laws are essential for this occupation.
Estimated Yearly Salary: 21,638 EUR
Estimated Monthly Salary: 1,803 EUR
Estimated Weekly Salary: 416 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,738 EUR
Estimated Weekly Salary: 401 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 21,532 USD
Estimated Monthly Salary: 1,794 USD
Estimated Weekly Salary: 414 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 21,638 EUR
Estimated Monthly Salary: 1,803 EUR
Estimated Weekly Salary: 416 EUR per week
Estimated Hourly Salary: 10 EUR per hour
By working as Tax Accounting Specialist a person can save up to 934 USD per month or 11,212 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Tax Accounting Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Tax Accounting Specialist salary in Latvia
Average Yearly Salary of Tax Accounting Specialist in Latvia is approximately 21,638 EUR (21,532 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Tax Accounting Specialist do?
A tax accounting specialist is a professional who specializes in providing tax-related services to individuals, businesses, and organizations. Their primary responsibilities include preparing and filing tax returns, ensuring compliance with tax laws and regulations, and advising clients on tax planning strategies. They analyze financial records, identify tax deductions and credits, and calculate tax liabilities. Tax accounting specialists stay up to date with the latest tax laws and regulations to ensure accurate and timely filing. They may also assist clients during tax audits and provide guidance on tax-related issues. Attention to detail, strong analytical skills, and knowledge of tax laws are essential for this occupation.
Skills: tax accounting, tax specialist, tax planning, tax compliance, financial records, tax laws
Job industry: Accounting
Job industry: Accounting
How much does Tax Accounting Specialist make?
Salary details
How much does Tax Accounting Specialist make?Estimated Yearly Salary: 21,638 EUR
Estimated Monthly Salary: 1,803 EUR
Estimated Weekly Salary: 416 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 20,857 EUREstimated Monthly Salary: 1,738 EUR
Estimated Weekly Salary: 401 EUR per week
Estimated Hourly Salary: 10 EUR per hour
Last revision of data: 2024-01-05Tax Accounting Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 21,532 USD
Estimated Monthly Salary: 1,794 USD
Estimated Weekly Salary: 414 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Tax Accounting Specialist job salary compared to average salary in Latvia.
Comparison shows that a person working as Tax Accounting Specialist in Latvia earns on average:
1.11 times the average salary (or 111% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Tax Accounting Specialist job salary compared to average salary in Latvia.
Comparison shows that a person working as Tax Accounting Specialist in Latvia earns on average:
1.11 times the average salary (or 111% of average salary).
Is Tax Accounting Specialist a well paid job?
Yes, our data show that Tax Accounting Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Tax Accounting Specialist?
High salary for Tax Accounting Specialist would be somewhere between 23,802 EUR and 31,375 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Tax Accounting Specialist in Latvia?
Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 21,638 EUR
Estimated Monthly Salary: 1,803 EUR
Estimated Weekly Salary: 416 EUR per week
Estimated Hourly Salary: 10 EUR per hour
By working as Tax Accounting Specialist a person can save up to 934 USD per month or 11,212 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Tax Accounting Specialist
Estonia is 27,804 USD
Russia is 12,927 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Finishing foreman (21,094 EUR per year, pre-tax.)
Hr reporting analyst (20,739 EUR per year, pre-tax.)
Speech pathology supervisor (31,169 EUR per year, pre-tax.)
Global product manager (45,424 EUR per year, pre-tax.)
Solderer (9,196 EUR per year, pre-tax.)
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This website provides salary data exclusively for reference use. While we endeavor for correctness, we do not guarantee the precision of all figures. Users must verify salary details with reliable organizations before making career-related decisions. Salary amounts can fluctuate based on multiple elements, such as company size, negotiation tactics, and industry demand. We accept no liability for errors in the pay estimates provided. By using this website, you accept that salary data is not absolute.