The Ministry of Finance intensively works on changes concerning VAT taxation. Despite changes that entered into force from 1 January 2021 (➡ read more about SLIM VAT changes) further changes will be implemented to the domestic regulations in the next months as e-commerce regulations, National e-Invoicing System or new regulations related to the VAT group […]
The Act – Slim VAT 2 has been introduced to the Parliament
The government draft act amending the goods and services tax act and banking law has been introduced to the parliament. The bill is in line with the tax changes successively introduced by the Ministry of Finance. The aim of the proposed solutions is to simplify the settlement of VAT by taxpayers – the so-called Slim […]
The Ministry of Finance presented a package – SLIM VAT 2
On 18 February 2021, the Ministry of Finance presented a new draft called SLIM VAT 2. The package aims to simplify the invoicing procedure, reduce formalities and improve the liquidity of companies using the split payment mechanism. The most important proposed tax changes: Art. 22 sec. 2e and 3 Specification to which delivery should be […]
SLIM VAT – changes in Poland as of January 2021
SLIM VAT is a package of changes that should make the VAT easy to use, adapted to the local specificity of the country in which it operates. The SLIM VAT package implements the changes to VAT as of January 2021. What is changing? Major amendments are easily described below. Simple invoicing The sale invoice corrections […]
VAT in the CEE – the most important changes
Selected changes in the VAT ___ Poland JPK_VAT implementation – the entry date 1 October 2020 Before October 2020 the Polish taxpayers had to submit to the tax authority mandatory two filings separately: VAT return and SAF-T file. As of 1 October 2020, the Polish taxpayers are obliged to submit JPK_V7M (monthly VAT reporting) or […]
SLIM VAT – Changes, changes, changes…
The Ministry of Finance is intensively working on changes concerning VAT taxation. Despite numerous changes that entered into force from 1 January 2020 (Quick fixes, VAT rates matrix, changes concerning the so-called White List of VAT taxpayers)and changes that will enter into force from 1 October 2020 (so-called VDEK, complete change in the field of […]
SLIM VAT: The Ministry of Finance announced simplifications for taxpayers
The Ministry of Finance announced 16 July 2020 a package of changes to facilitate calculation and settlement of VAT. The aim of proposed changes is to make VAT easier, more modern, and adopted to the local reality, i.e. the high presence of small and medium-sized firms in Poland that settle their taxes on their own. […]
SLIM VAT – Simple, Local and Modern tax in Poland – new package
The Polish Ministry of Finance has started to listen to the business demands in the field of VAT simplification. SLIM VAT is a package of changes that will make the VAT easy to use, adapted to the local specificity of the country in which it operates. The assumptions for the changes were prepared for small […]