This is a page for the tag VAT Law
Date of issuing an invoice in the case of delivery of goods
An invoice should include the following: the date of issuing, the date of executing or finalising the delivery of goods, when you performed the service and the date of receiving money, as mentioned in Article 108b, Section 1, Subsection 4 of the VAT Tax (Dz. U. of 2011, No. 177,... Read More →
VAT Register (Accounting)
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Date11 Apr 2014
The VAT rates in Poland: Regardless of the legal form of carrying out business activity in Poland foreign investors are obliged to pay VAT on purchases made in Poland. The basic VAT rate in Poland is 23%, but there are products taxed at lower rates of 8%, 3% or even... Read More →
VAT Registration Services
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Date11 Apr 2014
Who is required to register for Polish VAT? Polish Entities If during the past calendar year your business has made taxable supplies within the meaning of the Polish VAT law in Poland exceeding 150,000.00 PLN (excluding tax) you will be required to register and account for Polish VAT. The same... Read More →
Value Added Tax (VAT) in Poland
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Date11 Apr 2014
Act of 11 March 2004 on Value Added Tax, regulating VAT in Poland (Journal of Laws 2004 No. 54, item 535; Journal of Laws 2024, item 361 – consolidated text). Overview – VAT in Poland The Polish Value Added Tax Act of 11 March, 2004 (the VAT Act) is based... Read More →
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... 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... 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... Read More →
Tax changes from 01 January 2014
From 01 January, 2014 will have long heralded a revolution in the Polish regulations regarding VAT. Changes from that day, coming into force will have a major impact on the way accounting for VAT in Poland. They may make it necessary to modify the current procedures of tax, and adjustment... Read More →
New rules exist for VAT from 01 October
With effect from 01 October, 2013 new rules exist for VAT on goods and services that are designed to prevent tax evasion in the possibility of the so-called sensitive goods. To effectively deal with abuses in the course of their so-called sensitive goods, the following steps have been introduced: Extending... Read More →
The provisions referring to bad debt allowances
The provisions referring to bad debt allowances give the possibility to correct the tax basis, and thus in fact the recovery of output VAT paid on invoices left unpaid by the customers. The issuer of the invoice can correct the tax base and the tax due on the supply of... Read More →
