Similar to other European countries, Lithuania reduced the VAT rates for some goods and services to 9%. This will take effect in January 2023. It is important to state that the adjustment of some VAT rate changes will be permanent, while others will only be maintained until June and December 2023, or even for an uncertain period.
More information on the VAT rate changes can be found here.
Changes in VAT rates from 2023 in Lithuania
Public
Lithuania
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
1083
Content accuracy validation date:
27.12.2022
Content accuracy validation time:
08:15h
The VAT rate changes are the following:
- The VAT rate will change on eBooks and electronic non-periodical publications: these will be taxed at 9%, instead of the standard 21% rate. This is a permanent VAT rate change.
- The VAT rate will change on accommodations and admission to artistic and cultural events, except when these are exempt: these will be taxed at 9% for an indefinite period of time.
- VAT rate change on catering and takeaway services: the 9% rate will apply until December 31, 2023. Alcoholic drinks are not subject to the reduced VAT rate.
- The 9% rate will be in effect until June 30, 2023.
- If the VAT rate changes for or performance services provided by performers (actor, singer, musician, conductor, dancer, or other person acting, singing, reading, reciting, or otherwise performing works of literature, art, folklore, or circus acts), the 9% rate will only be applicable until June 30, 2023.
Other news from Lithuania
New document was uploaded: Technical requirements, conditions, and integration specifications for cash register manufacturers and software developers-v1.4
Lithuania
Author: Kristina Dosen
This technical regulation represents one of the major regulations for fiscalization requirements in Lithuania. It introduces a detailed technical specification important for cash register manufacturers and software developers Read more
Changes concerning new technical requirements for cash registers in Lithuania
Lithuania
Author: Nikolina Basić
If cash registers that do not meet the new technical requirements continue to be used, will administrative liability be applied after April 30, 2025? Read more
New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
Public
All countries
Author: Kristina Dosen
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
A proposal for VAT in the digital age (ViDA) has been approved.
Public
Author: Nikolina Basić
The EU's Economic and Financial Affairs Council (ECOFIN) has approved the Value Added Tax in the Digital Age (ViDA) proposal, aiming to modernize VAT rules and combat tax fraud. ViDA introduces key measures like Digital Reporting Requirements (DRR), VAT collection for the platform economy, and expanded Single VAT Registration, with implementation planned from 2027 to 2035. Businesses must prepare... Read more
Updated rules about VAT refund for foreign customers in Lithuania
Lithuania
Author: Nikolina Basić
Lithuania’s updated VAT refund rules now simplify the process for foreign customers by eliminating the need to directly claim refunds from merchants or submit settlement documents. Read more
VAT rate updates in Lithuania
Public
Lithuania
Author: Nikolina Basić
Lithuania
Author: Nikolina Basić
Lithuania is proposing a bill to reclassify the supply of residential fuel and hot water from the current 9% reduced VAT rate to zero. This measure, which is not yet in Parliament, is set to take effect from November 1, 2024, to April 30, 2025. This move is part of a broader trend among EU countries, which are reducing VAT on fuel and essential goods to help households cope with record inflation r... Read more
Fiscalization in Lithuania: is the physical arrival of a specialist from a certified cash register service company necessary when installing the newest version of the cash register and/or a c
Lithuania
Author: Nikolina Basić
Last year Lithuania introduced an updated fiscal device—cash registers with a special secure module that brings new functionalities and possibilities for taxpayers, establishing better communication with the tax authority. This update aims to streamline the installation process, making it more convenient for businesses to adopt these advanced cash register systems. The new cash registers are also considered virtual fiscalization in Lithuania. Read more