Lithuania raises non-taxable income threshold to EUR 540

• Published date: 17 May 2022
• Publication title: LETA

The Lithuanian parliament on Tuesday voted to raise the non-taxable income threshold by 80 euros to 540 euros as of July, meaning an increase in income for the lowest earners whose annual income does not exceed the national average.

The amendments to the Law on Personal Income Tax were passed with 93 votes in favor, none against and eight abstentions.

The increase in the income threshold will bring an extra 16 euros a...