- Lithuania is proposing to restore the reduced rate of value-added tax for catering services
- The reduced rate was introduced during the COVID-19 pandemic but expired at the end of 2023
- The bill would reintroduce the nine percent reduced rate of VAT from July 1, 2024, until December 31, 2027
Source: answerconnect.cch.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Lithuania"
- Tax Authority Revises Guidelines on When Input VAT Can Be Deducted
- Lithuania Updates Rules on Input VAT Deductions: Key Conditions and Documentation Requirements
- Lithuania to Change VAT Rates for Goods and Services from January 2026
- Lithuania Updates VAT Law: New Rules for Currency Conversion Effective January 2026
- 75% of Lithuanian Small Businesses Now Reporting Cash Register Data to Tax Authority
