- New VAT legislation changes effective from May 1, 2025
- Changes align with EU regulations for small business VAT taxation
- VAT law amendment passed on April 10, 2024
- VMI orders effective from May 1, 2025
- Order VA-45 on VAT payer registration
- Order VA-43 on small business VAT declaration in Lithuania
- Order VA-40 on reporting goods and services to other EU states
- Order VA-38 on VAT invoice data management and submission rules
- More information available in document R-1871 dated April 30, 2025
Source: vmi.lt
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"
- Lithuania Signs IMF Agreement to Reduce VAT Gap and Curb Shadow Economy
- 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