- Finance Minister Magdalena Rzeczkowska signed a regulation extending the maintenance of the “zero” VAT rate on food.
- The regulation also provides for the extension of VAT preferences for donations to Ukraine and the reduction of the VAT rate on certain fertilizer products.
- The anti-inflation shield in its current form is in force until the end of this year.
We extend the application of the zero VAT rate on food. As at present, the rate will remain applicable to basic food products, such as fruit, vegetables, meat, dairy products and cereal products. At the same time, we focus our activities on the price of energy and its carriers as well as the price of gas. We are constantly monitoring the situation and reacting to external shocks
– indicates the Minister of Finance Magdalena Rzeczkowska.
The regulation also provides for:
- maintaining the 0% VAT rate until the end of June 2023 for donations to the Government Agency for Strategic Reserves, medical entities, local government units – for purposes related to helping victims of the effects of hostilities in Ukraine;
- reduction to 8%, for 2 years, of the rate of fertilizer products which were taxed at this rate before the introduction of the anti-inflation shield.
Anti-inflation shield until the end of 2022
The anti-inflation shield in its current form is in force until the end of 2022. This means a reduction in VAT rates on basic food products, electricity and heat, natural gas, some motor fuels as well as fertilizers and agricultural inputs.
As part of the anti-inflation shield, until the end of the year there is also a reduction in excise duty on electricity, exemption from excise duty on electricity for households, reduction in excise duty rates on certain motor fuels and exclusion from the commercial tax on the sale of certain fuels. The lower excise duty also applies to light fuel oil.
Source: gov.pl
