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News Relevant Labor relation changes 2022-2023
The most relevant changes to the Labor Code of the Republic of Lithuania are for the attention of company managers, managing accounting persons and human resources managers. Some of them have already entered into force since 2022 July 1. We invite you to check what is relevant for both the employer and the employee and for general payroll accounting.
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Action plan Nearly three-quarters of mid-market businesses fail to act on inflation
New research from Grant Thornton reveals how mid-market businesses globally are failing to take adequate steps to protect their business against the threat of inflation. The research coincides with the release of Grant Thornton’s “Essential action plan for managing in inflationary times” and highlights that around three-quarters of businesses globally have not taken the actions we are recommending.
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    Action plan Nearly three-quarters of mid-market businesses fail to act on inflation 19 Jul 2022
    New research from Grant Thornton reveals how mid-market businesses globally are failing to take adequate steps to protect their business against the threat of
    News Relevant Labor relation changes 2022-2023 14 Jul 2022
    The most relevant changes to the Labor Code of the Republic of Lithuania are for the attention of company managers, managing accounting persons and human
    Employer Tax 8 tax approaches for global tech employees 19 Jun 2022
    In the competition to hire top talent, many tech and telecom firms are looking abroad. The industry’s employees are already more likely to be
    Important news Mandatory UBO registration in Lithuania 25 Apr 2022
    All legal entities established in Lithuania must receive, update and store accurate information about their Ultimate Beneficial owners (UBO). This information
    Transfer pricing Tax uncertainty in intercompany financing transactions 24 Feb 2022
    Whenever financing needs to be granted between associated companies, either belonging to a same group or associated by other criteria, tax authorities can
    Tax Brochure: Tax Changes in the Baltics 2022 20 Jan 2022
    In the beginning of the year, several tax changes were introduced in Estonia, Latvia and Lithuania.
    Tax changes 2022 Key Lithuanian tax changes as of 2022 05 Jan 2022
    Key Lithuanian tax changes as of 2022. Changes in corporate taxation, payroll taxes, personal Income Tax, Tax for Environmental Pollution, Future tax reforms.
    Tax changes 2022 Tax laws changes affecting payroll, 2022 12 Dec 2021
    Tax laws changes affecting payroll as of January 1, 2022. The minimum monthly salary is raised, changes in the formula for calculating the amount of tax-free
    Whistleblowing Whistleblowing and reporting misconduct 07 Oct 2021
    The law transposes the EU directive into  Lithuania, Latvia and Estonia law and entails an obligation for organizations to create internal and external
    9 of 37 article
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