English
New Polish Classification of Economic Activities (PKD 2025) – Key changes and obligations for entrepreneurs
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)....
Please Read More
BWA Report – The key to understanding your company’s financial condition
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...
Please Read More
Amendment to the Polish Accounting Act – key changes effective from 2025 onwards
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...
Please Read More
National e-Invoicing System (KSeF) – New regulatory project and implementation stages
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...
Please Read More
New JPK_CIT reporting regulations from 2025 – changes in tax reporting
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...
Please Read More
Simplified or full accounting for e-commerce? How to make the right choice
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...
Please Read More
Law signed by the President – KSeF postponed to February 1, 2026
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...
Please Read More
ViDA Package: New tax solutions for the digital economy
To address the challenges of the rapidly developing digital economy, the European Union has proposed the “VAT in the Digital Age” (ViDA) package. The goal of these changes is to modernize VAT collection methods, making them effective for both traditional and digital business models. During the May meeting of the...
Please Read More
The new implementation date of the National System of e-Invoices (KSeF)
The Ministry of Finance, in a press briefing attended by Finance Minister Andrzej Domański and the head of the National Revenue Administration, Marcin Łoboda, announced the new implementation dates for the National System of e-Invoices (KSeF). The National System of e-Invoices will be mandatory from: February 1, 2026 – for...
Please Read More
Consultations on the National e-Invoicing System (KSeF) have been completed
Earlier this year, the Ministry of Finance announced that the planned introduction of the mandatory National e-Invoicing System (KSeF) would be postponed. This decision was due to numerous inaccuracies in the process, errors, and IT problems that prevented the timely implementation of the system. The Ministry also announced to conduct...
Please Read More
