Please be informed that from July 1, 2022, the new version of the VAT-R form will come into force – variant 16 – the form necessary for VAT registration purposes. The change is a consequence of, among others amendment to the Polish VAT Act implementing a new type of VAT taxpayer, which from July 1, […]
Closer to the obligatory National e-Invoice System (KSeF)
On March 30, 2022, the Ministry of Finance announced that there is a consent of the European Commission for the obligatory structured invoice (e-invoice) in Poland, so-called the obligatory KSeF system. Based on the proposal, the European Commission prepared and submitted to the EU Council a draft of the derogation decision authorizing Poland to implement […]
Increase in minimum living and subsistence wages from 1st April 2022
As of the 1st April 2022, the government raised, as an extraordinary measure, the levels for the minimum living and subsistence wages by 10%. According to a government statement, the 10% increase reflects the estimated growth in consumer prices of essential costs for groceries and other basic needs. Czech legislation defines the living minimum wage […]
The new version of the SAF-T_Invoice (4) structure!
What’s important a new logical structure was published in the electronic form of tax books and accounting documents, concerning the Standard Audit File for VAT invoices – SAF-T_Invoice (4); it applies from April 1, 2022; informative brochure on the new version of the new VAT structure – SAF-T_Invoice (4) was published on the MF website […]
The obligatory split payment mechanism extended for the next 3 years
The Ministry of Finance (MF) announced the extension of the consent of the European Commission (EC) for the obligatory split payment mechanism for the next 3 years. The EC has agreed to extend the use of a split payment mechanism in Poland, i.e., from March 1, 2022, to February 28, 2025. In connection with the […]
SLIM VAT 3 – changes in value-added tax
The Ministry of Finance presented a package of simplifications in value-added tax so-called SLIM VAT 3 (Simple Local And Modern VAT). Planned changes are divided into 7 areas: impact on the financial liquidity of companies; less formalities in VAT in international trade; extension of the scope of VAT exemptions; changes in VAT settlement; changes in […]
Binding Tax Information and the VAT rates changes in the Anti-Inflation shield 2.0
The so-called Anti-Inflation Shield 2.0 temporary reduced the VAT rates in the period from February 1, 2022, to July 31, 2022. In consequence, it means the expiration of the Binding Tax Information (WIS) issued for goods subject to rate reduction from February 1, 2022. Changes in the scope of VAT rates covered by Shield 2.0 […]
Repentance letter in case of correction of the JPK_V7M / 7K files corrected
From January 1, 2022 thanks to the amendment to the provisions of the Penal Fiscal Code introduced by the Act dated on October 29, 2021, amending the act on personal income tax, the act on corporate income tax, and some other acts, the so-called “The Polish Deal” (we informed about the amendment in the article […]
Lower VAT rates in Poland
As of 1 February 2022, the so-called Anti-Inflation Shield 2.0 came into effect, as a further measure, following the so-called Anti-Inflation Shield 1.0, in force since 1 January 2022, taken to mitigate the effects associated with rising inflation. Both acts introduce a temporary reduction of VAT rates on certain goods. Details of the VAT reduction […]
The new deadline for INTRASTAT reporting as of Jan 2022
The Customs Department of the Ministry of Finance informed that INTRASTAT statistical declarations, starting from the January declaration until further notice, may be submitted by the 15th day of the month following the reporting period. Submitting a statistical declaration for a given month between the 10th and the 15th of the following month will not bring […]