VAT News

New Lithuanian reporting requirements

Coming into effect from 1 October 2016, the Lithuanian government has introduced new requirements whereby all parties registered for VAT in Lithuania must submit invoicing data and other prescribed documents on a monthly basis, via an online portal. This is required of all VAT registered parties, regardless of whether they have an establishment in Lithuania. The first deadline for submission will be 21 November 2016.

Similarly to other member states, SAF-T submission will be available, and it is thought this will be possible from 2017.

Related articles

May's historic Brexit loss - what now for VAT?

With the massive loss experienced by the Prime Minister in the Commons yesterday, we have never been further away from a deal. Without a deal agreed between the UK and EU, there is nothing but uncertainty from a VAT perspective...

Read more
EU-MOSS scheme changes

From 1 January 2019, new rules will be introduced for the VAT MOSS scheme in the EU

Read more
Turkey-Standard rate applicable to e-publications

Certain e-publications previously subject to the reduced rate will now be standard rated

Read more