The right to deduct VAT for the Intra-Community acquisition of goods
Starting on 01 January, 2014 the right to deduct VAT calculated for the Intra-Community acquisition of goods (WNT) arises on general rules. The taxpayer may deduct VAT in the settlement for the period in which, for goods purchased by the taxpayer, the tax liability arose. However, it should be noted that in the case of... Read More →
The timetable for the preparation of the Financial Statements
Companies included in the entry within The National Court Register (NCR), shall provide their Financial Statements to the appropriate register. The information should be automatically forwarded for publication in the Court and Economic Monitor. The financial year of most companies coincides with the calendar year, this is why they should prepare their Financial Statements to... Read More →
Penalties for not submitting information about company car
Those tax payers who use their vehicle/s for business purposes only and keep a logbook/s for the vehicle/s may be able to deduct the entire VAT. The with holding of information about their vehicle/s with the full deduction at the tax office, will be subject to fine penalties, or even imprisonment.
Let getsix® be part of your team!
getsix® invites you to read about our success. Why do our customers trust us to help them to be successful? Simple, they trust us, they value our customer service, along with our business values. Why not give us the opportunity to ‘earn your trust’? Let getsix® be part of your team!
InEnerg Exhibition with getsix® – Wrocław, 4-6 March, 2014
Dear Sir/Madam, getsix® would like to invite you to the ‘International Trade Fair & Conferences for Innovative Energy’ (InEnerg) Exhibition. This will be a three day event to showcase the latest developments in energy, the concerns and solutions. In addition to this, a whole range of conferences and forums on the most important topics within... Read More →
Labour productivity in Poland
On Thursday, 30th January, 2014, the Central Statistics Office (GUS) published the results of studies into labour productivity in Poland. In the financial year 2013, productivity rose by 3.2% in relation to the previous year. According to data from the Central Statistical Office, the employment rate increased in 2013, compared to the previous year by... Read More →
New income limits regarding, among others, the status of a small taxpayers
As of 01 January, 2014 new higher income limits regarding, among others, the status of a small taxpayers, which are not obliged to keeping the accounting ledgers. The status of a small taxpayer (PIT, CIT and VAT) shall be kept by companies whose income value from the sale achieved in 2013, did not exceed 5,068,00.00... Read More →
New rules for additional taxation of foreign controlled companies
The Polish government recently announced a revised draft with new provisions for the additional taxation of foreign controlled companies in the Corporation Tax Act and the Income Tax Act, in respect of taxes on corporations and individuals respectively. The definition of “real economic activity” or “real business” In contrast to the Government’s proposals published in... Read More →
Tax Equalisation in Poland
Polish companies often turn to tax equalisation rules from abroad, who do not comply with the tax and legal requirements of Polish law. Recently, the accumulation of recent cases in which employees seconded abroad, were questioning their claims arising from the adjustment of tax accounted for by the regulations in force for the company. Employees... Read More →
Partially funded non-cash benefits are exempt from social security
The Polish Social Security authorities have published a number of positive decisions regarding the exemption from social security and health insurance contributions for benefits in kind, which partially covers the cost of an employee. According to the provisions on social and health insurance, the value of benefits in kind may be exempt from social security... Read More →
