A Council Implementing Decision was published on 28 January 2021 that authorizes Lithuania to derogate from Article 287 of the VAT Directive by allowing Lithuania to exempt from VAT taxable persons whose annual turnover is no higher than EUR 55,000, which is an increase from Lithuania's prior exemption threshold of EUR 45,000. The Decision authorizes Lithuania's increased threshold from 1 January 2021 until 31 December 2024.