Lithuania: tax deduction for companies employing under-age people during summer

Lithuanian Parliament adopted an amendment to Employment law which makes possible to employ under-age people. This amendment which makes provision for tax incentive is to avoid summer workforce shortage. (Ref. 070466)
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Lithuanian Parliament, forecasting vast labour shortage in the country in the summer time, especially in services sector, an amendment to Employment law, encouraging companies to employ under-age people during their vacation period by creating tax deduction for employers. This should reduce number of illegal employment cases among young people and reduce seasonal labour shortage. This new law, which will come into force on the 1st of June, provides for tax deductions for companies which employ

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