GPM312: how does an MB report payments to its members in 2027?
An MB files the annual return GPM312 with its L and U annexes with VMI through EDS by 15 February – for payments to individuals in 2026. Payments to a member are reported by income type: 02 – withdrawals for personal needs, 26 – dividends (15 % income tax), 77 – a fee under a service contract (15 % up to 12 average wages).
Updated 21 October 2026 · Sources: VMI: GPM312, VMI: income tax rates from 2026, VMI: income declaration
Codes for payments to an MB member
| Code | Payment | Income tax 2026 |
|---|---|---|
| 02 | Withdrawals for personal needs (employment-related income) | 20 %, NPD applies; above 60 average wages 32 % |
| 26 | Distributed profit (dividends) | 15 % |
| 77 | Fee under a civil service (management) contract | 15 % up to €27,745.8, above that 20/25/32 % |
See which suits you in the MB member payout calculator.
Good to know
- The monthly return GPM313 is filed after the month ends, by the 15th of the next month.
- The non-taxable amount (NPD) can apply to code 02 income – the member applies it in their own annual declaration.
- This is an estimate, not tax advice.
Rūta prepares the GPM312 EDS file
She sees payments to the member in the bank statement and gives each the right code.
FAQ
When is GPM312 for 2026 due?
By 15 February. The return and its L and U annexes are filed through EDS.
Which code for dividends?
Code 26 – taxed at 15 % from the first euro.
Which code for a member’s contract fee?
Code 77 – 15 % income tax while the yearly amount stays within 12 average wages (€27,745.8 in 2026).