VATupdate

If the seller accepts too much cash, they will pay double tax

From January, tax regulations provide for reliefs for entrepreneurs who buy a payment terminal and accept card payments. However, the first months of these regulations being in force show that it is difficult to take advantage of the incentives. Despite non-cash settlements, sellers cannot refrain from accepting cash – but if they accept too much of it, they will soon pay the tax on this deposit twice.

Source prawo.pl

Sponsors:

VAT news

Advertisements:

  • VAT news
  • VAT News
  • VAT news
  • VAT news
  • VAT news