In such a case, we would not improve the situation of the state budget, but we would likely worsen the situation for this sector, as it would be an additional factor that would push income down.” In our opinion, a temporary extension of the relief could be consider, as the circumstances are not very favorable at the moment,” V. Tuziks comment on the Bank’s position. According to V. Tuzik, the Bank of Lithuania takes the same position regarding the accommodation sector. According to him, his situation is slightly worse than catering, the number of employees has not yet reach the pre-pandemic level. “The logic is the same – that the extension of the concession could be consider.
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With the idea that it would be some help in helping to survive this energy price shock, and after it ends, it will be necessary to reconsider whether the concession is justifie,” he explain. ELTA reminds that the chairman of the Seimas BFK emphasizes that the Belarus Email List accommodation services sector has still not recovere from the challenges of the pandemic period, therefore it is appropriate to continue to apply VAT relief to this sector. According to M. Majauskas, many countries of the European Union (EU) apply the reducd VAT rate indefinitely, and in Lithuania, every year, when the grace period expires, discussions about its extension start over and over again. Have a legal question? Describe your situation clearly and specifically – members of the Lithuanian Young Lawyers Association will provide their legal assessment and insights on the Delfi Plus platform.
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The government agrees to extend the VAT relief for central heating, changes due to compensations 2 BNS, Lukas Juozapaitis, ELTA in 2022 September 14 12:30 p.m aA The government will submit a proposal to the Seimas to extend the 0% rate for two more heating seasons. value added tax (VAT) relief for central heating, valid this year. The Cabinet of Ministers decided that at a meeting on Wednesday. © DELFI / Josvydas Elinskas “Most of the decisions related to managing the energy price shock will come with the 2023 budget (…), but there are decisions that cannot wait for next year and this is related to the approach of the heating season.