Direct taxes - Personal Income Tax

    Generic part

    Personal income tax
    Gyventojų pajamų mokestis
    LT - Lithuania
    EUR
    Date
    Year
    1991/01/01
    2019/01/01
    2019/02/11 10:41:17

    Contact information

    Administration

    The Ministry of Finance of the Republic of Lithuania

    Service

    Website

    http://finmin.lrv.lt/en/

    E-mail

    finmin@finmin.lt

    Telephone

    +37052390000

    Who sets

    The tax rate is set by

    • Central authority
    • Regional authority
    • Local authority
    • Social security

    The tax base is set by

    • Central authority
    • Regional authority
    • Local authority
    • Social security

    The reliefs are set by

    • Central authority
    • Regional authority
    • Local authority
    • Social security

    Beneficiary

    • Central authority
    • Regional authority
    • Local authority
    • Social security
    • Others

    Geographical Scope

    LT - Lithuania
    No Yes

    Taxpayers

    Who is liable for the tax?

    • Residents
    • Non-Residents

    Tax object and basis of assessment

    As general rule, taxable income under personal income tax includes

    • Employment income
    • Income from business or self-employed activities
    • Income from sport and entertainment activities
    • Benefits in kind (company car, meal cheques, etc)
    • Pension income
    • Owner-occupied immovable property
    • Dividends
    • Interests from government bonds
    • Interests from corporate bonds
    • Interests from special saving accounts
    • Interests from deposits
    • Royalties
    • Income from renting immovable property
    • Income from renting movable property
    • Capital gains on immovable property
    • Capital gains on movable property
    • Inheritance
    • Annuities from life insurance
    • Prizes and awards
    • Scholarships
    • Income from occasional activities
    • Revenues from donations and gifts
    • Revenues from lotteries and games activities

    Income considered for residents

    Domestic income
    Worldwide income (subject to double-tax relief)

    Domestic-source income of non-residents is

    Taxed
    Not Taxed

    Employment incomes of married couples are

    Taxed jointly
    Taxed separately

    Benefits in kind

    • Company car
    • Low-interest loans
    • Stock options
    • Meal, sport, cultural cheques
    • Health insurance
    • Computer and IT services
    • Phone and telecommunications services
    • Parking
    • Public transport
    • Day-care for children
    • Meals at cantine
    • Accommodation

    Deductions, Allowances, Credits, Exemptions

    Deductions from the tax base

    • Child care expenses
    • Educational expenses
    • Sport activities expenses
    • Medical expenses
    • Travel expenses
    • Interest on mortgages
    • Capital from mortgages
    • Interest from loans other than mortgages
    • Alimony obligations under law
    • Donations
    • Contributions to supplementary pension or health insurance
    • Contributions to life insurance funds
    • Investments in companies located in specific regions or active in specific businesses
    • Investments in eco-friendly or energy-efficient goods
    • Investment in IT materials or e-services
    • Membership fees to Unions
    • National, regional or local taxes

    Deduction for professional expenses, in particular for employees

    • No deduction
    • A lump-sum amount:
    • In percentage of income:
    • Based on real expenses
    • Capped

    Deduction for professional expenses, in particular for self-employed

    • No deduction
    • A lump-sum amount:
    • In percentage of income:
    30 %
    • Based on real expenses
    • Capped

    Deduction for child care expenses

    • No deduction
    • A lump-sum amount:
    • In percentage of income:
    25 %
    • Based on real expenses
    • Capped

    Allowances

      in EUR/National Currency or % of tax base
    3,600

    Credits

      in EUR/National Currency or % of tax base
    0
    • Child care expenses
    • Educational expenses
    • Sport activities expenses
    • Medical expenses
    • Travel expenses
    • Interest on mortgages
    • Capital from mortgages
    • Interest from loans other than mortgages
    • Alimony obligations under law
    • Donations
    • Contributions to supplementary pension or health insurance
    • Contributions to life insurance funds
    • Investments in companies located in specific regions or active in specific businesses
    • Investments in eco-friendly or energy-efficient goods
    • Investment in IT materials or e-services
    • Membership fees to Unions
    • National, regional or local taxes

    Losses

    • Carried-forward for
    • Indefinite
    • Carried-back for
    • Indefinite
    • Transferred to spouse or partner

    Exemptions

    • Employment income
    • Income from business or self-employed activities
    • Income from sport and entertainment activities
    • Benefits in kind (company car, meal cheques, etc)
    • Pension income
    • Owner-occupied immovable property
    • Dividends
    • Interests from government bonds
    • Interests from corporate bonds
    • Interests from special saving accounts
    • Interests from deposits
    • Royalties
    • Income from renting immovable property
    • Income from renting movable property
    • Capital gains on immovable property
    • Capital gains on movable property
    • Inheritance
    • Annuities from life insurance
    • Prizes and awards
    • Scholarships
    • Income from occasional activities
    • Revenues from donations and gifts
    • Revenues from lotteries and games activities

    Rate(s) Structure

    Amount (from) Amount (to) Rate -
    0
    136,344
    20 %
    136,344
    27 %


    Regional taxes

    • A lump-sum amount:
    • A percentage of income:
    • A tax surcharge:

    Local/municipal taxes

    • A lump-sum amount:
    • A percentage of income:
    • A tax surcharge:

    Special surcharges

    Surcharge

    • A lump-sum amount:
    • A percentage of income:
    • A tax surcharge:


    Separate taxation

    • Employment income
    • Income from business or self-employed activities
    15 %
    • Income from sport and entertainment activities
    15 %
    • Benefits in kind (company car, meal cheques, etc)
    • Pension income
    • Owner-occupied immovable property
    • Dividends
    15 %
    • Interests from government bonds
    15 %
    • Interests from corporate bonds
    15 %
    • Interests from special saving accounts
    • Interests from deposits
    15 %
    • Royalties
    • Income from renting immovable property
    15 %
    • Income from renting movable property
    15 %
    • Capital gains on immovable property
    15 %
    • Capital gains on movable property
    15 %
    • Inheritance
    • Annuities from life insurance
    • Prizes and awards
    15 %
    • Scholarships
    • Income from occasional activities
    • Revenues from donations and gifts
    • Revenues from lotteries and games activities

    Withholding taxes

    • Dividends
    15 %
    Final Creditable
    • Interests from government bonds
    15 %
    Final Creditable
    • Interests from corporate bonds
    15 %
    Final Creditable
    • Interests from special saving accounts
    Final Creditable
    • Interests from deposits
    15 %
    Final Creditable

    Tax due date

    Tax collector

    General comments

    Economic function

    • Consumption
    • Labour Employed (paid by employers and employees)
    • Labour Non-employed
    • Capital income: corporations
    • Capital income: income of households
    • Capital income: income of self-employed
    • Capital stocks

    Environmental taxes

    • Energy
    • Transport
    • Pollution/resources

    Tax revenue

    d51a
    Year Annual tax revenue (in millions) % of GDP % of total tax revenue -
    2017
    1,626.75
    3.8557 %
    13.0606 %
    2016
    1,547.85
    3.9842 %
    13.4219 %
    2015
    1,439.5
    3.8454 %
    13.3192 %
    2014
    1,325.39
    3.6244 %
    13.1863 %
    2013
    1,249.82
    3.575 %
    13.2573 %
    2012
    1,159.73
    3.4776 %
    12.8951 %
    2011
    1,092.69
    3.4938 %
    12.8437 %
    2010
    1,004.97
    3.5856 %
    12.674 %
    2009
    1,097.09
    4.0731 %
    13.4997 %
    2008
    2,118.07
    6.478 %
    21.1858 %
    2007
    1,890.65
    6.5103 %
    21.6793 %
    2006
    1,628.96
    6.765 %
    22.4508 %
    2005
    1,434.59
    6.8306 %
    23.3902 %
    2004
    1,233.78
    6.7651 %
    23.3308 %
    2003
    1,080.43
    6.4818 %
    22.6391 %
    2002
    1,033.27
    6.8099 %
    23.4903 %
    2001
    1,021.02
    7.4628 %
    25.4523 %
    2000
    1,020.46
    8.1694 %
    26.5379 %

    Footnotes