The Government will discuss on Thursday whether or not it should support a proposal to increase the tax-free income level. To read this article, try a €5.99 monthly subscription by clicking here.
Increase Tax-Exempt Income
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A new political party, calling itself Increase Tax-Exempt Income, has failed to launch. The Ministry of Justice refused to register the new party, saying the documents supplied by the organization do not meet the requirements.
Non-taxable income should be increased instead of the minimum wage and that would put more money in the pocket of workers, according to Naglis Puteikis, a member of, and tapped to be leader of, Lithuania’s newest political party, Increase Tax-Exempt Income (NPD).
