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From SLIM VAT 1 to SLIM VAT 3 – Simplification series of VAT compliance processes in Poland

Two years ago, the Polish government introduced a set of tax measures in order to simplify VAT settlements in Poland. Since the introduction of the first series of the SLIM VAT (Simple, Local and Modern Value Added Tax), further packages, such as SLIM VAT 2 and SLIM VAT 3 have been elaborated by the Polish Finance Ministry.

The latest version of SLIM VAT 3, i.e. a draft of amendments to the Polish VAT Act dated 8 November 2022, features, beyond the removal of legacy duties that continue to burden taxable persons but are obsolete and unnecessary in the digital tax age, some important changes over the previous proposal after the Finance Ministry took into account certain solutions proposed during the public consultation process.

Source: wtsklient.hu

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