4 major VAT Developments in Poland

• SLIM VAT 3
  • The draft act prepared by the Ministry of Finance on amending the act on tax on goods and services and some other acts, the so-called SLIM VAT 3 was included in inter-ministerial consultations and public consultations. SLIM VAT 3 is another package of simplifications in the tax on goods and services, which implements many demands submitted to the Ministry of Finance by entrepreneurs. Project consultations will last until August 26, 2022.
  • Main features
    • Higher limit of a small taxpayer
    • Fewer papers for holders of online and virtual cash registers
    • Binding information will be issued by the director of KIS
    • Exchange rates for credit notes
    • VAT on Intra-Community Acquisition of goods will be deductible without an invoice
    • A taxpayer who does not have documents confirming an intra-Community supply of goods (WDT) within a specified period of time is obliged to record such a transaction as a domestic supply and apply the appropriate VAT rate
    • VAT sanctions. A mistake will not be punished in the same way as cheating
    • Advance invoices will not always be necessary
    • Non-cash taxpayer – it’s easier to get a faster VAT refund
    • Release from joint and several liability by the factor
    • Changes in the use of proportions for mixed sales
    • Implementation date is delayed till April 1, 2023
• Mandatory B2B E-Invoicing for entities established in Poland
  • Voluntary B2B E-Invoicing since Jan 1, 2022
  • Mandatory use of KSEF will most probably be effective January 1, 2024.
  • Draft legislation published amending the VAT Act and adopting mandatory e-invoicing via KSeF
  • Obligatory e-invoice under KSeF already in public consultations
• VAT grouping as of January 1, 2023
  • Optional for entities estabished in Poland
  • Consultation ended July 29, 2022
• VAT Rates
  • Zero VAT on food for at least 6 month (till June 30, 2023)
  • Gas is still charged with VAT, with a possibility for a refund

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