August 17, 2026 43
VMI Updates PIT Commentary on Expense Deduction Limits for 2026
VMI has updated the commentary on PIT Article 21. From 2026, deductible expenses are strictly capped at 25% of taxable income, with a 1,500 EUR limit.
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August 14, 2026 59
Sodra Urges Residents to Claim €4.6M in Sickness Benefits: Guidelines for Businesses
Over €4.6 million in sickness benefits remain unclaimed in Lithuania. Submitting a single permanent application ensures employees receive their funds on time.
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August 13, 2026 72
Deducting Foreign Corporate Income Tax: VMI Updates Article 55 Commentary
VMI has updated its commentary on Article 55 of the Corporate Income Tax Law. Discover the new proportional calculation method and reporting deadlines for foreign tax deductions.
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August 11, 2026 103
STI Updates Commentary on Article 20 of the PIT Law: New Tax-Exempt Amount (NPD) Rules for 2026
The STI has updated the commentary on Article 20 of the PIT Law, detailing the 2026 NPD formulas, new MMA limits, and income excluded from the annual gross income calculations.
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August 5, 2026 152
2025 Financial Reports Analysis: Business Growth in Lithuania and Automated Penalties for Late Filing
The Center of Registers' 2025 data reveals a €152.2 billion turnover for Lithuanian businesses. However, late filing now triggers automatic fines and severe operational restrictions.
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August 4, 2026 148
New Head of the Lithuanian State Tax Inspectorate Outlines Strategic Priorities
The newly appointed head of the STI detailed priorities for tax administration. Businesses can expect real-time e-invoicing, AI-driven audits, and enhanced scrutiny of accounting firms.
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July 30, 2026 208
Batteries and Accumulators Exempt from Pollution Tax in Lithuania
Following recent legislative amendments, accumulators and batteries are exempt from Lithuania's pollution tax. The changes apply retroactively for the entire 2026 tax period.
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July 28, 2026 413
Changes to Per Diem and Business Trip Rules From October 2026
From October 1, 2026, Lithuania will introduce new rules for calculating and reducing per diems. Learn what internal documents and accounting processes businesses must update.
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July 27, 2026 300
VMI’s "One-Stop-Shop" Principle: Changes to Fines and Sanctions Administration Taking Effect in 2026
Starting July 1, 2026, VMI will administer all state fines and sanctions via a new one-stop-shop system. Discover how this reform impacts debt recovery and bookkeeping for Lithuanian businesses.
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July 20, 2026 468
New Deadlines for Approving and Submitting Financial Statements in Lithuania from July 2026
From July 1, 2026, Lithuanian companies will have 5 months to approve and submit their annual financial statements to the JAR, providing extra time for audits and preparation.
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July 17, 2026 1749
Sodra Tax Changes for MB Members and Sole Proprietors from July 1, 2026
Starting July 1, 2026, the social security (VSD) tax base for MB members and sole proprietors in Lithuania increases from 50% to 90%. Discover how this affects your business.
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July 9, 2026 715
Key Amendments to the Lithuanian Labor Code: What Changes in 2026 and 2027?
Starting November 2026, major Lithuanian Labor Code amendments will introduce stricter final settlement rules, fivefold late payment penalties, and new probation limits.
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July 8, 2026 359
Wage Transparency in Lithuania: Essential Changes for Employers and Payroll
Lithuania's new wage transparency laws bring strict rules for employers. Discover why all companies now need a formal Remuneration System and how Sodra reporting will change.
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April 28, 2026 815
Approaching Deadline: Essential Guide to the May 4th Property Declaration
A reminder for politicians, civil servants, and other designated individuals: the deadline to submit your annual property declaration via EDS is May 4th.
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