The new year will bring further changes in the provisions of the VAT Act. According to the current draft amendments to the regulations, covered by the so-called SLIM VAT 3, most of the provisions will enter into force on April 1, 2023.
In the latest edition of the Local Government Zone newsletter we write about the most important changes regarding SLIM VAT 3:
- new rules for rounding proportions from Article 90 of the VAT Act;
- new rules for making an annual input tax adjustment in the case of tax deduction based on the so-called pre-coefficient or coefficient;
- new rules for documenting transactions recorded by online cash registers;
- consolidation of the issuance of binding information;
- new possibilities for transferring funds between VAT accounts in a VAT group.
Source Deloitte
