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
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
Parliament calls for additional supplies to be added to 1 February reduced VAT cuts On 20 January 2022, the Polish Parliament voted to add further goods to the list to enjoy VAT rates cuts to 8% from 1 February 2022. These include: Coal and coke
Polish Ministry of Finance issues “Anti-Inflation Shield 2.0” – food and energy VAT rate cuts The Polish Finance Minister has won Parliamentary approval to cut to zero that VAT rate on basic foods due to concerns over inflation. This would be introduced between 1st February
Poland joins 18 other EU member states with VAT group simplification option Poland has signed into law a range of tax measures (Polski Ład) to help promote business innovation and growth. This includes the option for a single VAT return for related companies, a ‘VAT
