Is your company ready for full accounting in Poland? Or have you just reached a threshold that obliges you to change your record-keeping system? Full accounting is a subject that can raise concerns, but at the same time it is the key to more transparent management of a company’s finances...
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The year 2025 will bring significant changes to e-invoicing across Europe. Both national regulations and the EU’s VAT in the Digital Age (ViDA) initiative are moving towards the full digitalisation of tax systems, aiming to improve transparency and reduce the VAT gap. Businesses that properly prepare their processes to meet...
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On 1 January 2025, the new Polish Classification of Economic Activities (PKD 2025) has come into force, replacing the previous PKD 2007. These changes were introduced by the Regulation of the Council of Ministers of 18 December 2024, published in the Journal of Laws of 27 December 2024 (item 1936)....
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How well do you know the current financial situation of your business? Are you confident that you are up to date with the most important data that could impact your business decisions? The BWA report is a tool that provides information about revenues, costs, and profitability in real time. Regular...
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On December 12, 2024, the President of Poland signed an amendment to the Accounting Act, introducing a range of significant changes for businesses operating in the country. The new regulations, implementing the EU’s Corporate Sustainability Reporting Directive (CSRD), focus on ESG (Environmental, Social, and Governance) reporting, raising revenue thresholds for...
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The Ministry of Finance has initiated steps towards implementing the National e-Invoicing System (KSeF) and published a draft amendment that incorporates numerous business stakeholder requests. Public consultations and technical analyses revealed the need for further system improvements, leading to adjustments in deadlines and the introduction of several facilitative measures. The...
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On 16th of August 2024, the Minister of Finance signed a key regulation regarding the Standard Audit File for Corporate Income Tax (JPK_CIT), which entails significant changes in the area of tax reporting. With the new regulations coming into effect on 1st of January 2025, the provisions will firstly apply...
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Owners of e-commerce businesses and individuals selling products on platforms like Amazon, Allegro, or Etsy must decide which accounting system to choose — simplified or full. This decision is crucial for managing a company’s finances and taxes. Before making a choice, it’s important to understand the differences between these two...
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The National e-Invoicing System (KSeF) in Poland will soon become mandatory for all businesses. However, how does this affect intra-Community supplies of goods (ICS) or exports? The current regulations concerning KSeF have raised questions about which document can serve as the visualisation of an e-invoice and what additional information it...
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On June 5, the president signed an amendment to the VAT Act, which postpones the mandatory implementation of the National System of e-Invoices (KSeF) to February 1, 2026. This means that until that date, the rules for issuing invoices will remain unchanged. The law of May 9, 2024, amending the...
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