- Lithuanian parliament approved increasing reduced VAT rate from 9% to 12%
- Implementation date is 1st January 2026
- Affected areas include passenger transport services
- Also applies to admission to art and cultural events and institutions
- Accommodation services will be affected
- Catering services and take-away food included
- E-books and journals will see the change
- Standard VAT rate of 21% and reduced rate of 5% remain unchanged
Source: meridianglobalservices.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.
