Lithuania

As of 1 August 2026, the Lithuanian government issued a decree confirming the minimum monthly wage for the year 2027, setting it at 1245 euros. The regulation, published in the official gazette, specifies that the amount will take effect on 1 January 2027 and will apply to all employees covered by the Labor Code. The […]

As of 1 August 2026, the Lithuanian tax authority announced amendments to the Property Declaration Law, introducing stricter reporting obligations for real estate owners, reducing the filing deadline to 30 November 2026, and expanding the scope of taxable assets to include newly defined digital holdings. The changes aim to improve transparency and combat tax evasion.

As of 1 August 2026, the Lithuanian parliament adopted a commentary on the 20th article of the Personal Income Tax Law, clarifying the treatment of certain deductions and introducing a new tax relief for low‑income earners. The commentary specifies that certain social security contributions will be fully deductible, and introduces a threshold of 12,000 EUR

As of 27 July 2026, the State Tax Inspectorate of Lithuania (VMI) released an urgent advisory concerning fraudulent text messages that masquerade as official VMI communications. These messages claim that recipients have won undisclosed sums of money and urge immediate contact via a provided phone number or a link, using VMI’s brand to appear legitimate.

The State Tax Inspectorate of Lithuania (VMI) announced that it will begin administering all tax obligations through a unified account system. This new approach aims to simplify the tax settlement process for both individuals and businesses by consolidating various tax liabilities into a single account, thereby reducing administrative burdens and minimizing errors. Under this model,