This is a page for the tag HLB Poland
UK Tax News | 26.01.2018
HMRC urged to temper new VAT penalties for online retailers ‘ The Chartered Institute of Taxation (CIOT) is calling for amendments to a new government scheme to tackle VAT evasion to safeguard those that make administrative errors, but are not accused of involvement in tax evasion, are not penalised with... Read More →
EU VAT News | 25.01.2018
EU Member States to work collectively to stamp out VAT fraud Towards the end of 2017 the European Commission released new tools intended to make the European Union’s value-added tax system more resilient to fraud. The package comprises of numerous changes to how Member States will communicate and co-operate with... Read More →
EU Tax News | 24.01.2018
VAT ‘Split Payment’ benefit questioned by the EU A European Commission study into the benefits of ‘Split Payments’ as a VAT collection tool, aimed at battling VAT fraud, has cast doubt on the cost / benefits. The study concludes that the administrative and technology costs of running, tracking and reporting... Read More →
The most significant changes to Polish CIT for 2018
Capital income and its separation from other income of the taxpayer From the 1st January, 2018 within the ‘Corporate Income Tax Act’, taxpayers will be obliged to detach the operating income from the capital income. Subsequently, loss from one source will not decrease income from the other source. The provision... Read More →
EU VAT News | 22.01.2018
VAT rate changes 2018 Below you will see a summary of the principle VAT rate changes in the European Union on 1st January, 2018. Country VAT Change Cyprus Imposition of 19% standard VAT rate on land transactions for business use Latvia Introduction of Super Reduced 5% VAT rate Norway Reduced... Read More →
New VAT rules for eCommerce businesses
The EU has recently declared new rules to help eCommerce businesses simplify how they account for VAT. These new rules apply to businesses selling both goods and services on a B2C basis and are intended to effect business at various stages up to 2021. They are part of the EU’s... Read More →
The UK Brexit Customs and VAT Bill
Last week, the UK Parliament had its second reading of the ‘Taxation (Cross Border Trade) Bill’, which lays the ground for the post-Brexit Customs, VAT and Excise regimes. The Bill was published on 20th November, 2017, and is part of a series of Brexit laws to regulate UK legislation for... Read More →
VAT split payments further delay by Poland to July 2018
The introduction of ‘Split Payments’ will be delayed announced the Polish Ministry of Finance until 1st July, 2018. This anti-VAT fraud measure has already been delayed once since the original launch plan of 1st January, 2018. ‘Split Payments’ is a measure requiring B2B customers to pay the VAT element of... Read More →
Poland’s status upgraded to Developed Market by FTSE Russell
It was recently announced that FTSE Russell has upgraded Poland from ‘Emerging Market’ to ‘Developed Market’ status. This acknowledgement represents the progress made by the Polish economy and capital markets, and that the country has joined the 25 most developed economies of the world. The decision will be effective in... Read More →
getsix® ‘Buchalterek’ has a special wish…
Dear Ladies and Gentleman, Happy Christmas! Did you know…….? Christmas in Poland is celebrated slightly differently than in other countries. On the 6th December each year Poland celebrates ‘St. Nicolaus Day’ (Santa Claus Day!) and the 24th December (Christmas Eve dinner). In Poland, Christmas Eve dinner is the most important... Read More →
