On January 14, the Lithuanian State Tax Inspectorate released a summary explanation outlining VAT filing requirements for the small business regime. The guidance specifies that returns must be filed electronically via the online portal and due by the 25th of the month following the tax period in which VAT obligations arose or services were supplied in another EU member state. It also confirms that small business regime taxpayers in other EU member states must comply with the same electronic filing requirement.
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BTW Jurisprudentie · 5 months ago
The Court of Justice ruled that virtual currency used only within an online video game is not exempt under Article 135(1)(e) of the EU VAT Directive and is not a voucher under Article 30 bis. Consequently, such transactions are taxable electronic services, with VAT calculated on the full sale price. The decision clarifies that the exemption applies only to virtual currencies accepted as an alternative to legal tender and used solely as a payment instrument.
Law360 · 5 months ago
The EU's top court ruled that proceeds from trading virtual gold in online video games are subject to VAT, overturning any exemption. The decision supports Lithuania's efforts to collect tax on digital goods and has implications for VAT treatment of virtual goods across the EU.
The Independent · about 3 hours ago
The UK government will remove VAT from domestic electricity bills from 1 October 2026, cutting the rate from 5% to 0%. The change is expected to save households around £45 a year and will be funded by cancelling the Digital ID programme.
The Independent · about 5 hours ago
In the UK, the government announced an £850 million tax cut on energy bills, making electricity bills VAT free from 1 October 2026 in England, Scotland and Wales. Northern Ireland remains exempt because EU VAT rates apply under the Windsor Framework, preventing the cut from applying there.
LinkedIn Article by e-Invoice.app · about 8 hours ago
Belgium has approved a pre-draft law mandating near real-time VAT e-reporting by both suppliers and customers, effective 2028 for domestic transactions. The measure will replace the annual customer list for in-scope businesses and will be phased in after the Data Protection Authority and Council of State review.
LinkedIn Article by e-Invoice.app · about 10 hours ago
Luxembourg extends its e-invoicing obligation from public contracts to domestic business-to-business transactions. The Council of Government approved a draft law on 17 July 2026, transposing EU Directive 2025/516. A single interoperable network will be established, but start dates and technical details remain to be defined.
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Key Takeaways
They must file and pay VAT returns by the 25th of the month after the tax period in which the VAT obligation arose or services were supplied in another EU member state.
VAT returns must be filed electronically via the online portal.
Yes, small business regime taxpayers in other EU member states must also file VAT returns electronically through the online portal.
Primary source
Read the full article at Bloomberg TaxThis summary was published on VATfaqs.com on 18 January 2026. It relates to VAT developments in Lithuania. The original source is Bloomberg Tax.
