The Parliament (Sejm) adopted on 5 June 2020 the so-called Anti-crisis Shield 4.0. The bill is to be voted in the Senate. Below we present the most important assumptions of it. Micro-loan The entrepreneur’s obligation to submit an application for loan remission will be lifted – the district employment agency (PUP) will exempt from this […]
Change in the VAT regulations related to the simplification in the import of goods
According to the current provisions of the Polish VAT Act, the preferential VAT settlement directly within the VAT returns is available only for some entities – the entrepreneurs which meet the conditions of the simplified procedure and for the authorized traders so-called AEO. On average, several thousand importers use this option on a monthly basis, mainly large domestic and foreign companies, which can meet the conditions for admission to the simplified procedure […]