Accounting, HR, Payroll, Tax & Legal news from Poland

Poland Economy – Q3 2017

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Date11 Dec 2017
Poland’s economy grew by a stunning 4.9% in Q3 2017 – much faster than any analysts predicted, this follows 4.0% in Q2 and 4.1% in Q1. British Polish Chamber of Commerce (BPCC) members are reporting that business is very good, but staff retention is becoming more challenging. getsix® as a...
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Portugal’s ‘Tax Calendar’ for December 2017

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Date08 Dec 2017
Conceito our Portuguese amavat® Partner Firm has put together an English document with generic* information regarding Portugal’s ‘Tax Calendar’ for December 2017. (also available in Portuguese below) Click here for English version | Click here for Portuguese version *might not be applicable to your organisation amavat® provides a one-stop-shop solution...
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The Netherlands has announced a reduced VAT rate

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Date07 Dec 2017
The Netherlands has announced a reduced VAT rate rise from 6% to 9% to pay for income tax rate cuts and band simplifications. The Dutch will reduce the number of income tax bands from 4 to 2, and the rates combined to benefit over 500,000 income tax payers. The reduced...
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EU Finance Ministers reach agreement on a series of e-Commerce VAT reforms

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Date06 Dec 2017
At yesterday’s meeting of EU Finance Ministers (ECOFIN) they reached agreement on a series of e-Commerce VAT reforms. These proposals are aimed at simplifying the collection of VAT when consumers buy goods or services online. Additionally, they will help combat a projected €5 billion in ‘distance selling’ VAT fraud. These...
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Pilot scheme to support Danish SMEs

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Date05 Dec 2017
From the beginning of 2018, the Danish tax agency will introduce a pilot scheme to support small to medium sized enterprises on value-added tax and direct tax compliance matters. This new ‘VAT and tax check’ (moms -og skattetjek) means that SMEs can, at their own preference, have an accountant review...
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UK government guidance for new tax avoidance penalty law

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Date30 Nov 2017
Last month the UK government released guidance involving the new legislation that will introduce penalties for enablers of defeated tax avoidance arrangements. The Finance Bill (No. 2) 2017 legislation – presents a penalty for any person/s who enable the use of abusive tax arrangements that are later defeated. The UK...
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Italy Tax News – VAT in Italy will rise to 24.2%

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Date28 Nov 2017
VAT in Italy will rise to 24.2% in 2019 On 31st October, 2018 Italy’s 2018 Budget (Manovra), sanctioned the postponement of 2018 VAT increase from 22% to 24.2%. The planned rises in rates, to support € currency fiscal targets, are now set as follows: Standard Rate Reduced Rate Today 22%...
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EU Tax News | 23.11.2017

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Date23 Nov 2017
OECD’s Secretary-General calls for collective action on digital taxation Angel Gurria, the Organisation for Economic Co-operation and Development (OECD) Secretary-General has requested a collective effort on the design of temporary, short-term measures to tackle the international tax challenges of the digital economy. When speaking at the Group of Twenty (G-20)...
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Important Data Protection Act 2018

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Date23 Nov 2017
Dear Ladies and Gentlemen, We kindly request you to familiarise yourself with a very important change in the data protection legislation in Poland. On 28th May, 2018 expires the deadline for implementation of the data protection environment in a given corporate organisation to the provisions of the Directive of the...
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Tax news and information from Germany

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Date21 Nov 2017
Decree announced for call-off stock On the 10th October, 2017 the German Federal Ministry of Finance announced a decree to permit a VAT registration exemption for foreign companies holding call-off stock in Germany. Goods which are held in a foreign country by a non-resident seller, but under the full control...
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Last updated: 13.12.2021
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