Amendments to the Lithuanian VAT law now permits taxpayers with a turnover that does not exceed £300000 to file for quarterly returns. Prior to the amendments the default filing period was one month.
Source: vatit.com
Latest Posts in "Lithuania"
- Expansion of Reduced 12% VAT Rate: Tourism, Cultural Services, Residential Heating, and Educational Publications
- Parliament Proposes Extension of Reduced VAT Rates for Heat Services and Publications
- Lithuania Introduces Excise Tax on Sweetened Drinks Starting January 2026
- Amendment to Lithuanian VAT Law Regarding Reduced Tax Rates and Exemptions
- EU Closes Infringement Case Against Lithuania Over VAT Rates Directive Implementation
