💡 What You Need to Know
Tip money is considered a gratuitous reward and is classified as taxable income by the State Revenue Service (VID).
This is detailed on page 12 of their official guidance under the section “With Personal Income Tax Applicable Incomes” ("Ar iedzīvotāju ienākuma nodokli neapliekamie ienākumi").
✅ What’s Changing?
To make things easier for you, Paynt will take care of both the declaration and payment of the income tax on all tip earnings, starting from August 1, 2025.
That means:
You no longer need to declare your tip income manually.
All taxes will be handled on your behalf to ensure full compliance with Latvian tax regulations.
📱 Where to See Your Tip Earnings
In your Urocked member app, you’ll be able to see:
The total amount of each tip
The tax applied
Your final payout amount
❓ Have Questions?
We're here to help!
If you need any clarification or assistance, feel free to contact us at support@paynt.com.