- From the beginning of January this year. Under the Polish Deal, entrepreneurs can use the Cashless Taxpayer program.
- Entrepreneurs can choose one of two packages – silver or gold.
- This is a proposal for those companies that carry out most of their payment transactions
in the cashless system.
As part of the Cashless Taxpayer project, entrepreneurs can use one of two packages.
The SILVER package, i.e. a tax relief for the terminal
Expenses for purchasing a payment terminal and handling payment transactions are not only included in 100% of tax deductible costs, but also deducted 100% from income as part of a tax credit.
The relief covers a number of costs related to the handling of payment transactions, such as rental fees, interchange fees or system fees. The maximum amount of the deduction is PLN 1,000 per year, and in the case of taxpayers exempt from cash registers, it is as much as PLN 2,500
– explains Jan Sarnowski, Deputy Minister of Finance.
The relief is available to those entrepreneurs who have not accepted cashless payments using terminals for the last year, and those who have used the Cashless Poland program and will continue to accept non-cash payments after the end of the program. Such taxpayers can benefit from the terminal tax relief for up to 2 years since they started to incur the costs of servicing payment transactions
GOLD package, i.e. a cashless taxpayer
A non-cash taxpayer is a Premium Customer who received two benefits. Higher, indefinite tax relief for the terminal and the fastest VAT refund in the entire European Union.
The revolution is that its status is checked monthly / quarterly completely automatically. The only thing the taxpayer has to do is to express the willingness to receive a quick refund by clicking on the checkbox in the JPK file sent for a given period. Automation is not only about convenience, but most of all about safety. No formalities, no documents and no room for error. The status of a cashless taxpayer will be verified by KAS by comparing information from online cash registers with JPK files
– explains Deputy Minister Sarnowski.
The package offers entrepreneurs:
- Tax relief for the terminal in the income tax, which works indefinitely. The deduction is 200%, and the maximum limit is PLN 2,000 per year. This means that for every zloty spent on handling non-cash payments, the taxpayer will reduce income by PLN 3. First, for PLN 1 as a tax deductible cost, and then for another PLN 2 – as a tax relief. An entrepreneur who will be a cashless taxpayer for at least 7 months in the tax year will benefit from the preferential tax relief for the terminal.
- The fastest VAT refund in Europe. The funds will appear in the taxpayer’s account within a maximum of 15 days. It is 4 times faster VAT refund than the previous standard 60 days. As a result, quick money in the taxpayer’s account and a large liquidity benefit.
Source: gov.pl
