tax

  • Economy

100 days of the president – solely tax tariff increases won’t solve problems

They say that only after the first one hundred days can you really begin to be more critical of a…

5 years ago
  • Economy

Emigrants, worried about BREXIT, rush to return taxes from UK

There is still a lot of unanswered questions about Brexit situation after 29 March 2019. This is the official date…

6 years ago
  • Economy

President’s office doesn’t intent to block govt’s proposed tax changes

The Lithuanian president's office sees no major drawbacks in the government's proposed tax changes aimed at increasing the poorest people's…

8 years ago
  • Economy

Lithuania’s richest man Numavičius to pay taxes solely in UK

Lithuania's richest man Nerijus Numavičius, who has lived in London since June 2015, will declare his 2016 income and pay…

8 years ago
  • CORPORATE
  • Opinion

Secret tax plan – interest in giving up on one of the main promises is expressed

The Government has prepared a plan for tax reconstruction which was already presented to both the Peasant and Green Union…

8 years ago
  • Economy

Government proposed tax changes too small to be called a reform – analysts

The Lithuanian government's proposed tax changes are primarily aimed at improving the situation of small-sized businesses and low earners and…

8 years ago
  • CORPORATE
  • Opinion

The Secret tax plan: good news for low-income workers

The Government lead by Prime Minister Saulius Skvernelis after months of preparing the new tax reform, finally presented the before…

8 years ago
  • Economy

Proposed tax reform: Higher income for lowest earners, fewer exceptions

The Lithuanian government of Prime Minister Saulius Skvernelis has stepped back on its intentions of consolidating income-related taxes on the…

8 years ago
  • Economy

Lithuania scraps reduced VAT on heating, hot water

Lithuania's value-added tax rate on district heating and hot water supply increases starting on Thursday, from the reduced 9 percent…

8 years ago
  • CORPORATE
  • Opinion

The government’s cunning plan to raise taxes

The majority is planning tax changes and states that they will not impact those in employment financially. For those earning…

8 years ago
  • CORPORATE
  • Opinion

Nausėda – the plan contains that which has been nurtured for many years now

SEB bank president’s advisor Gitanas Nausėda greatly praised the tax reform plan of Minister of Finance Vilius Šapoka. According to…

8 years ago
  • Economy

Lithuania should improve tax collection figures – Dombrovskis

European Commission (EC) Vice-President Valdis Dombrovskis has stated in Vilnius that Lithuania should give up some value-added tax (VAT) privileges…

8 years ago
  • Economy

Alcoholic drink prices in Lithuania set to rise next March

The excise tax rate for strong alcoholic beverages will rise by 23 percent next March and that for wine and…

8 years ago
  • Politics

‘No new taxes in the near future’ – new Finance Minister

The current government has no plans to introduce any new taxes, says Lithuania's new finance minister, backtracking from her earlier…

9 years ago
  • Politics

Lithuania’s new finance minister: Real estate and car taxes are coming sooner or later

Rasa Budbergytė, Lithuania’s former representative at the European Court of Auditors, has been appointed as the country’s new finance minister.To…

9 years ago
  • Economy

Lithuanian government’s revenue targets surpassed 3.4%

Lithuania has exceeded tax collection targets for January-May this year, the Ministry of Finance says. [...]

9 years ago
  • CORPORATE

New proposal sees tax rise for small business

Proposals considered by the Lithuanian Parliament would raise social insurance contributions that small businesses have to pay into the system…

9 years ago
  • 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…

9 years ago
  • CORPORATE

Improve tax compliance, increase education investment – European Commission tells Lithuania

The European Commission issued a range of recommendations on how to improve Lithuania‘s economy including improving tax compliance particularly VAT,…

9 years ago
  • CORPORATE

Lithuanian ‘needs to reduce taxes on labour’

“As far as the taxation of labour goes even though the income tax rate is not high – at 15%,…

9 years ago