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Lithuania’s Proposal to Reinstate VAT Compensation Scheme for Heat Energy and Hot Water

  • Lithuania is proposing to reinstate a VAT compensation scheme on heat energy and hot water
  • The scheme was previously in place but was abolished in 2017
  • The proposal aims to reduce the financial burden on consumers for heating costs
  • The government is seeking feedback from stakeholders before making a final decision on the scheme

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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