No Picture
Economy

Government to consider matching tax-free income with minimum wage

The Government will discuss on Thursday whether or not it should support a proposal to increase the tax-free income level.

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Dalia Grybauskaitė
CORPORATE

Lithuanian president supports increase in non-taxable income for low paid

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 […]

Christoph Klingen, chief of the IMF Staff Mission to Lithuania
Economy

IMF tells Lithuania to pause on minimum wage hikes

The International Monetary Fund (IMF) says Lithuania should put a pause on raising the minimum wage in order to sustain its economic growth. […]

Economy

Tax and legal changes to drive growth in 2016

With the new year will come new changes to Lithuania’s tax codes and other laws that will change residents’ everyday lives and hopefully propel the country towards continued growth. […]