Apr 1, 2020 | COVID-19

LITHUANIA – Update 17th April

Taxpayers are to be relieved from late payment penalties and late payment interest (the procedures are still to be confirmed).


Source Credit – Accordance VAT

LITHUANIA – Update 16th April

VAT rate cut considered on catering services for food and non-alcohol drinks from 21% to 9%


Source Credit- Richard Asquith (Avalara)

LITHUANIA – Update 10th April

Lithuanian parliament to debate VAT cut proposal for catering services

Purpose is to lessen coronavirus outbreak’s impact on Lithuania’s restaurants, cafés, bars, and nightclubs
Mykolas Majauskas, a lawmaker for Lithuania’s opposition Homeland Union – Lithuanian Christian Democrats (TS-LKD) party, has submitted a draft amendment to the country’s value-added tax (VAT) law that proposes to decrease the levy on food and beverage catering services from 21 percent to 9 percent.


Source Credit – IEG agribusinessintelligence

LITHUANIA – Update 31st March

  • VAT returns are able to be deferred to up to a year, with no penalty charges for late payments 

Source Link here

Receive Free VAT Updates In Your Email!

Get the latest VAT information directly in your inbox and stay up to date with all VAT developments around the world.

You have Successfully Subscribed!