The Ministry of Finance presented the “Cashless Taxpayer” program. These solutions shall enable the taxpayer to take advantage of the tax relief for the purchase and use of the cashless terminal plus will be entitled to a VAT refund within 15 days.
There are two packages in the program – Silver and Gold.
Silver package
As part of the Silver package, the entrepreneur will be able to take advantage of the PIT or CIT relief for the purchase of the terminal and to cover the costs related to its services, i.e. rental fees, interchange fees, or system fees. Taxpayers will be able to deduct expenses from the tax base twice. The costs related to payments will be 100% tax-deductible and deducted again in 100% from the income under the tax relief. Thus, the taxpayer will be able to deduct 2 PLN for each PLN spent on the terminal and transaction processing. Taxpayers will be able to deduct a maximum of PLN 1,000 per year from their income. Taxpayers exempt from cash registers will be able to deduct up to PLN 2,500.
The Silver package and the tax relief will be available to:
- taxpayers who have not accepted cashless payments with the use of terminals for the last year
- taxpayers who have taken part in the Cashless Poland program and will continue the cashless payments after the end of the program.
According to the Ministry of Finance, entrepreneurs will be able to take advantage of the tax relief in the Silver package in 2 years since they started to incur the costs of payment transactions services.
Gold package
As part of the Gold package, the taxpayer will be able to take advantage of the PIT or CIT relief for the purchase of the terminal and for the costs associated with its use. The expenses will be three times deducted from the tax base. The costs related to payments will be 100% tax-deductible and deducted again in 200% from the income under the tax relief. Thus, the taxpayer will be able to deduct 3 PLN for each PLN spent on the terminal and transactions services. Taxpayers will be able to deduct a maximum of PLN 2,000 per year from their income.
Entrepreneurs will be able to take advantage of the tax relief under the Gold package indefinitely. As part of the Gold package, taxpayers will also be able to take advantage of a VAT refund within 15 days (the standard waiting period for a refund is 60 days).
In order to use the 15-days-VAT-refund procedure and the tax relief, the entrepreneurs will have to obtain the status of a “cashless taxpayer”. To obtain the “cashless taxpayer” status it is necessary to meet all of the following conditions:
- they are retailers – at least 80% of their clients are consumers;
- obtain sales recorded on an online cash register of at least PLN 50,000 per month;
- most of the payments are accepted in a cashless form – 65% of revenues settled at the cash register should be received by card or via mobile devices. After 2 years, this threshold will be increased to 80%.
An entrepreneur who will have the status of a “cashless taxpayer” for a minimum of 7 months in the tax year will be able to take advantage of the tax relief. The status of the “cashless taxpayer” will be automatically verified using data from the online cash register and JPK_VAT files. The entrepreneur will not be required to fill in additional forms.
The Cashless Taxpayer program is to be entered into force on 1 January 2022.
Łukasz Bączyk
Head of Tax, Board Member
E: lbaczyk@asbgroup.eu
Jarosław Szajkowski
Tax Manager – Tax Adviser
E: jszajkowski@asbgroup.eu
Agata Bienia
Tax Consultant
E: abienia@asbgroup.eu
