SLIM VAT 3 pre-consultation has started

The third SLIM VAT package removes many outdated, unnecessary obligations incumbent on companies. The proposed changes were divided into 7 areas:

1. improving the financial liquidity of companies;
2. VAT in international trade – less formalities;
3. wider scope of VAT exemptions;
4. fewer corrections and friendly VAT settlement;
5. simpler invoicing and less obligations;
6. lowering VAT sanctions;
7. consolidation and standardization of binding information – easier and transparent access to tax knowledge.

We proposed the removal or reduction of a long list of unnecessary obligations that hitherto had to be borne by entrepreneurs. Thanks to the computerization of KAS, many of them no longer exist. First of all, we propose to abandon the requirement to have an invoice when deducting input tax on EU goods acquisitions. It is now possible in 11 European Union Member States, including Austria, Germany and Portugal. By joining this group, Poland will make it much easier to declare EU purchases. Such solutions will not only increase the comfort of running a business, but also bring companies real time savings

– lists deputy finance minister Jan Sarnowski.

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The Ministry of Finance starts pre-consultation of the project.

The course of the pre-consultation:

• Pre-consultation is open to everyone.
• Comments and opinions may be submitted to the following address: [email protected] until February 14, 2022.
• In the case of natural persons, the necessary condition for taking into account their opinions in the course of tax consultations is consent to the processing of personal data.
• Documents submitted in non-editable formats (eg JPG) should be accompanied by their editable form.