It is important for companies to keep track of key accounting deadlines to ensure that no reporting dates are missed and no penalties are applied. It is advisable to have a clear calendar and to plan work in advance.
Monthly accounting deadlines
- GPM313 – monthly personal income tax return, due by 15th of the following month.
- SAM – report on wages, SSD and PSD by 15th
- FR0600 – VAT return, due by 25th
- i.SAF/i.VAZ – electronic invoices and waybills, until 20 days
Accounting deadlines for the beginning of the year
Deadlines for declaring income
- GPM312 – annual personal income tax return, due by 15 February
Year-end and mid-year deadlines in accounting
Annual financial statements (balance sheet, accounts) to the Centre of Registers by 31 May
PLN204 and FR0521 – corporate tax returns by 15 June.
Conclusion:
Accurate and timely reporting ensures a company’s financial security and avoids fines and problems with the authorities.
Accounting services in Kaunas and throughout Lithuania, as well as other related questions or answers by phone – +37061228888. Our team is ready to help.
