VATupdate
poland

Share this post on

Poland Further Increases Late Payment Interest Rates

On 20 September 2022, Poland published the Announcement of the Ministry of Finance on the rates of interest for tax arrears / late payment. This includes an increase in the interest rates as follows:

  • The standard rate is increased from 16.0% to 16.5% per annum;
  • The reduced rate is increased from 8.00% to 8.25% per annum; and
  • The increased rate is increased from 24.00% to 24.75% per annum.

Source Orbitax

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner