Lithuania

Lithuania VAT Return

Lithuanian VAT (pridėtinės vertės mokestis, PVM) in tax year 2026. It covers the 21% standard rate, the 12% and 5% reduced rates and the end of the 9% rate on 31 December 2025 (heating, firewood, books, accommodation, transport and culture moved), the EUR 45,000 small business scheme and when VAT starts once it is passed, the EU cross-border small business scheme, the EUR 14,000 acquisitions threshold, tax periods, the FR0600 return and payment by the 25th, i.SAF invoice data by the 20th, the EU sales list (FR0564), reverse charge on services and goods from foreign suppliers and on construction work, blocked input VAT on representation and cars, fines and 0.027% a day late payment interest.