They say that only after the first one hundred days can you really begin to be more critical of a president’s decisions, choices and behaviour. A hundred days is the limit for when the warmup […]
There is still a lot of unanswered questions about Brexit situation after 29 March 2019. This is the official date of UK withdrawal from the European Union. While there is little time left, there is no clarity about the conditions. Emigrants and Lithuanians who have already came back to Lithuania have a lot of questions about tax refunds. […]
The Lithuanian president’s office sees no major drawbacks in the government’s proposed tax changes aimed at increasing the poorest people’s income and expects constructive discussions on the plan, an advisor to President Dalia Grybauskaitė said on Tuesday. […]
Lithuania’s richest man Nerijus Numavičius, who has lived in London since June 2015, will declare his 2016 income and pay taxes for the year solely in the United Kingdom. […]
The Government has prepared a plan for tax reconstruction which was already presented to both the Peasant and Green Union and the social democrats on Wednesday, and will be presented to the public on Friday. […]
The Government lead by Prime Minister Saulius Skvernelis after months of preparing the new tax reform, finally presented the before mentioned reform before the representatives of the Peasant and Green Union, as well as the […]
The Lithuanian government of Prime Minister Saulius Skvernelis has stepped back on its intentions of consolidating income-related taxes on the employee side, including the social insurance fees currently paid by the employee. The Cabinet has decided to shift its focus on reduction of the tax burden on the people with lowest income and unification of different tax regimes. […]
The majority is planning tax changes and states that they will not impact those in employment financially. For those earning by other means such as contracting or property sales, taxes may rise.It is currently regulated […]
SEB bank president’s advisor Gitanas Nausėda greatly praised the tax reform plan of Minister of Finance Vilius Šapoka. According to the expert, it is completely logical to primarily fix current issues and only then move […]
European Commission (EC) Vice-President Valdis Dombrovskis has stated in Vilnius that Lithuania should give up some value-added tax (VAT) privileges amid projected growth of state spending, as well as improve the collection of VAT and residents’ income tax. He also stressed the substantial progress made by Lithuania in the implementation of earlier EU recommendations […]
The current government has no plans to introduce any new taxes, says Lithuania’s new finance minister, backtracking from her earlier statement that real estate and car taxes were only a matter of time.
To read this article, try a €5.99 monthly subscription by clicking here. […]
Rasa Budbergytė, Lithuania’s former representative at the European Court of Auditors, has been appointed as the country’s new finance minister.
To read this article, try a €5.99 monthly subscription by clicking here. […]
Lithuania has exceeded tax collection targets for January-May this year, the Ministry of Finance says. […]
Proposals considered by the Lithuanian Parliament would raise social insurance contributions that small businesses have to pay into the system and expand benefits for parents. The parliamentary Social Affairs Committee has endorsed a proposal to […]
Lithuania‘s President Dalia Grybauskaitė has welcomed the ruling coalition‘s plans to increase non-taxable income for workers to €310 saying she believed it would help reduce poverty. “The modest funds that we have in the current […]
The European Commission issued a range of recommendations on how to improve Lithuania‘s economy including improving tax compliance particularly VAT, adjusting the education system to the needs of the labour market and increasing productivity. The […]
“As far as the taxation of labour goes even though the income tax rate is not high – at 15%, the actual tax burden, including social security contributions is about 55%,” said Fidexperta founder Rūta […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes