--- title: Holiday pay payment, it is not reasonable date: 2020-02-03T09:31:42Z modified: 2024-05-30T09:02:13Z permalink: &quot;https://grow.ee/puhkusetasu-valjamakse-moistlikkusega-ei-ole-tegemist/&quot; type: post status: publish excerpt: &quot;&quot; wpid: 5943 featured_image: &quot;https://grow.ee/wp-content/uploads/2020/02/IMG_2186.jpeg&quot; timestamp: 2024-05-30T09:02:13Z tags: - Accounting --- ### **Whose interests are served by paying holiday pay before the holiday?** Holiday pay is paid in full no later than the penultimate working day before the start of the holiday. Such an obligation is incomprehensible today. In general, it is considered a good tone all over the world if employees&#039; income is more or less evenly distributed on a monthly basis and at least a minimum income is guaranteed. ### Our current government and the Tax Board&#039;s statistics give conflicting views on people&#039;s investment and management skills. The Tax Board shows with its statistics on employees&#039; tax-free declarations that employees would rather entrust their money to the Tax Board for free than invest it themselves. The Tax Board, of course, also lobbies hard for people to deposit their money in their accounts for free. However, the government is making it known through the pension reform that all people know how to invest better than investment managers working in banks. [Pension funds](<http:>) unlike the Tax Board deposit, have so far been productive.0 ### This legal provision only causes headaches for all parties. I don&#039;t understand what its purpose is? Is it wanted for people to be able to invest faster, although statistics do not support this claim, or is it to encourage quick spending? Starting with the headache of the employee, who generally receives less money, thanks to the wonderful nuances of calculating income tax. In addition to the above, vacation pay tends to run out before the next payday. That&#039;s how we came to a positive result, it supports the quick loan business and spending also has a positive effect on the state budget. But if you are the average Estonian who spends his vacation outside of Estonia, the state budget will not be happy about it. But if this hangover does run out and you start repaying the loan payments with interest, it may be several more months before you get back on track. In addition to the above, when most people are on vacation, accountants can constantly calculate and pay vacation pay to others at the expense of their vacation. Since you will receive a smaller payout, you will definitely want to discuss this with your accountant, it promises to be a pleasant conversation. ### Does paying vacation pay in the manner prescribed by law still make sense for you? If not, then - A: submit a statement to your employer that you want vacation pay paid together with your salary. - B: make a proposal for an amendment to the law. ![](https://grow.ee/wp-content/uploads/2020/02/IMG_2186-300x225.jpeg) Grow is constantly working to ensure that our accountants keep up with the times, and we have also reflected on our blog the values that a good accounting service should be based on. We see ourselves as pioneers in our field and are the first[ 100% paperless accounting office](https://grow.ee/wp-content/uploads/wp-mfa-exports/page/ettevottest.md) in Estonia. If you would like to be part of the forward-looking[ online accounting service](https://grow.ee/services/raamatupidamine/) today, contact us via our website, send an e-mail to <info@grow.ee> või hoopis helista numbril 5629 3090!