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2023

Tax laws changes affecting payroll

By:

Inesa Greičė

09 Dec 20223 min read

Contents

Minimum monthly salary (MMA) rises to 840 EUR

We would like to inform that the 7th of October 2022 Government of the Republic of Lithuania ruling No. 1014 "Regarding the Minimum Wage Applicable in 2023” comes into force as of 1st of January 2023 where minimal salary rises by 110 EUR – from 730 EUR to 840 EUR and the hourly wage – from 4,47 EUR to 5,14 EUR.
This amendment is applied automatically to employees who receive minimum salary or salary lower than 840 EUR (or respectively lower than hourly rate of 5,14 EUR). Minimum monthly / hourly wage increase will affect the mentioned above employees’ vacation, sick leave pay or any other pay that is calculated with average during the period of January to March, 2023. This decision will set that per diem pay for trips abroad are tax exempt when employee salary is higher than 1386 EUR (before was 1204,5 EUR) or hourly payment is higher than 8,48 EUR / h (8,481 EUR / h).

Changes in the tax-exempt amount of income (NPD)

Also there are changes in Personal income tax (further – PIT) law articles IX-1007 amendments from which the most relevant to payroll is Article 20. It relates to changes of nontaxable income: the formula used to calculate the tax-exempt amount will be changed since 1st of January, 2023 (two formulas will be used) and other fixed tax-exempt values will be altered.

The nontaxable income for the tax period is subject to the following procedure:
1) a person whose monthly income does not exceed the minimum monthly salary valid for current calendar year applies for a monthly nontaxable amount of 625 EUR (previously 540 EUR);
2) for a person whose monthly income related to an employment relationship or alike exceeds the minimum monthly salary valid for current calendar year, however, does not exceed 1 926 EUR, the following formula is applicable:

Monthly nontaxable income = 625 – 0,42 x (earned monthly income related to employment relationship – minimum monthly salary applicable for the calendar year).

3) for a person whose monthly income related to an employment relationship or alike exceeds EUR 1 926, the following formula is applicable:

Monthly nontaxable income = 400 – 0,18 × (earned monthly income related to employment relationship – 642).

Considering the changes of tax-exempt formula, the table below shows PIT calculations from sample salary sums:

	2022		2023
Gross monthly salary, EUR	Tax-exempt	PIT	Tax-exempt	PIT	Increase in net salary due to changes in tax-exempt, EUR
750,00	533,20	43,36	625,00	25,00	18,36
1000,00	448,20	110,36	557,80	88,44	21,92
1500,00	278,20	244,36	347,80	230,44	13,92
2000,00	155,56	368,89	155,56	368,89	0,00

For persons who have been assigned 0-25 percent incapacity for work, or persons who have reached the retirement age, have a high level of special needs according to the procedure established by law, or persons who are severely disadvantaged under the statutory procedure, the monthly nontaxable amount is 1005 EUR. Persons who have been assigned 30-55 percent incapacity to work or persons who have reached the retirement age, who have a moderate level of special needs in accordance with the procedure established by law or mild disability levels – the monthly nontaxable amount is 935 EUR.

Social insurance rate change for participants in Pensions savings scheme

Participants in Pensions savings scheme contribution rate increases from 2,7% to 3%. The rates for those whose rate was already 3%, nothing changes.
Below you can find example calculations of employee social security contributions from earnings using the progressive pension method:

	2022	2023
Gross monthly salary, EUR	Employee's Social insurance contribution having chosen the progressive pension accumulation method (19,5 % + 2,7 %)	Employee's Social insurance contribution having chosen the progressive pension accumulation method (19,5 % + 3 %)	Decrease in net salary due to change in the percentage of additional pension accumulation, EUR
750,00	166,50	168,75	2,25
1000,00	222,00	225,00	3,00
1500,00	333,00	337,50	4,50
2000,00	444,00	450,00	6,00

Tax laws changes affecting payroll

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