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Estonian Cabinet Approves State Budget Strategy for 2022–2025 and the Initial State Budget for 2022

05 May 2021

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Proposed Changes

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Estonia

The Estonian government has issued a release announcing the approval of the state budget strategy for 2022–2025 and the initial state budget for 2022 by the cabinet on 29 April 2021, including a focus on better public finances with less spending that will reduce the pressure for tax increases. With this focus, tax measures are limited and, according to the release, include a tax exemption for pension income from 2023, up to the average pension amount. The only other budget tax measure is provided in the budget document (Estonian language), which is the abolition of the tax exemption for housing...