Lithuinian VAT Authority is planning to extend the reduced VAT rate that is due to expire at the end of this year for supplies of catering services (including non alcoholic drinks and take-away food). If approved, the reduced VAT rate of 9% would be extended indefinetly from 01.01.2024.

Such an extension would not however apply to attendance to artistic, cultural, and sports events, and other performances for which reduced VAT rate applied to prop up the economy after COVID-19.

If you have any questions on the impact of the above changes on your business, please contact us here