31 March 2025
In March 2025, Lithuanian Prime Minister Gintautas Paluckas announced that the government plans to increase the reduced VAT rate in the country from 9% to 12%.
This will affect supplies such as centralised heating, firewood, public transport, books and non-periodical publications.
The announcement confirmed that the standard 21% VAT rate and the super-reduced 5% rate for essential goods will remain unchanged.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
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