Anti-inflation shield VAT cuts fall foul of EU VAT Directive rules The EU’s European Commission has blocked VAT zero-rating of natural gas, fuels and fertilers by Poland as part of its ‘Anti-Inflationary Shield’. However, it has agreed to zero-rating of basic foods. Under EU VAT
KSeF e-invoices mandated 1 January 2024; new e-Mikrofirma version launched Poland is gearing-up for the mandated B2B e-invoicing regime from January 2024. It has been voluntary since the start of 2022. The Ministry of Finance has released the latest version of the e-mikrofirma application (see below)
23% standard and 8% reduced rates held to support defence following Russian invasion of Ukraine The Polish Deputy Finance Minister has confirmed that there will be no reduction in the 23% standard VAT rate or 8% reduced rate whilst defence spending remains at at least
Third round of SLIM: Simple, Local and Modern VAT reforms The Polish government has published last month comments on a draft Bill to introduce a range of VAT simplifications – known as SLIM VAT 3. This follows the completion of a public consultation earlier this
KSeF e-invoices production version available for testing; mandated 1 January 2024 The Polish e-invoicing platform, KSeF, has now been released this month. Businesses are able to test, create, issue, receive and review electronic invoices. This is ahead of the January 2024 mandating the use of
Poland joins 18 other EU member states with VAT group simplification option Poland is likely to delay further the VAT simplifications for related companies, or ‘VAT Groups’. The rules were to come into place from 1 July this year; but parliament has not completed their
Warsaw government considering rolling over VAT cuts Mateusz Morawiecki, Poland’s prime minister, has confirmed Poland is likely to rollover a number of temporary VAT rate cuts as inflation hit 12.3% in April 2022 (March, 10.9%). This is the highest rate since 1998. The current cuts,
European Commission permits Poland to deviate from VAT Directive to impose obligatory B2B e-invoicing 1 April 2023 – 3 months later than original Jan plan Poland has been given by the EC a temporary departure from Articles 218 and 232 of the VAT Directive to be
Polish JPK_VAT update: 1 April 2022 JPK_FA new format The format for submissions of Polish VAT invoices, JPK_FA, has changed from 1 April 2022. JPK_FA(4) is an electronic format the tax authorities may request from taxpayers on demand for (for example) an audit. It captures
