Calculators

For the manager of a Small Partnership (MB), who is also a member of the MB, when the annual income portion does not exceed 120 Minimum Monthly Wages (VDU), the manager pays the personal income tax (PIT) individually based on a civil contract for management.

• The Personal Income Tax (PIT) is paid by the manager himself/herself and must be paid by May 1 of the following year.
• The payment code is 1441.

Dividends from a UAB are typically distributed once a year when the results of the previous year (financial year) are finally calculated. However, dividends can also be paid for a shorter period if agreements regarding interim dividend payments have been signed. The company (UAB) is responsible for paying the Personal Income Tax (PIT) on the distributed dividends.

• The Personal Income Tax (PIT) on dividends paid by the UAB must be paid by the 15th day of the same month or the last day of the month.
• The payment code for PIT is 1411.