On June 9, 2022, the Sejm adopted the act on crowdfunding for business ventures and assistance to borrowers. The act in question provides, inter alia, extension until October 31, 2022 of the so-called anti-inflationary shield 2.0, which temporarily lowered VAT rates, including on:
- diesel oil, biocomponents constituting self-contained fuels, motor gasoline, liquefied gas LPG – up to the rate of 8%;
- electricity – up to a rate of 5%;
- fertilizers and plant protection products – usually intended for use in agricultural production, subject to the rate of 8% – up to the rate of 0%;
- food and drinks subject to the 5% rate – up to the 0% rate.
Source Deloitte
