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Lithuania new VAT rates and compliance simplifications


Lithuania new VAT rates and compliance simplifications

Lithuania has re-categorised a number of supplies across its range of reduced VAT rates (the standard VAT rate remains at 21%). These include:

  • 9% Rate for public transport, heating and water for residential use
  • 5% rate for supplies of disabled-assistance products and pharmaceutical goods

In addition, as part of the 2nd VAT Invoice Directive, the Lithuanian tax authorities have clarified the requirements for simplified invoices. These may be used transaction below the value of LTL 345. The disclosure requirements include:

  • Date and sequential invoice number
  • Name and VAT number of the supplier
  • Description of the goods or services
  • Net, VAT and gross amounts of the bill in LTL

The above changes came into effect on 1 January 2013.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.