On May 11, 2023, the Senate adopted an amendment to the Act on Value Added Tax and some other acts, called Slim VAT 3. The purpose of the changes is to simplify and accelerate VAT settlements, thanks to which the financial liquidity of companies will also be improved. It will be possible e.g. by increasing the sales limit of a small taxpayer from EUR 1.2 to 2 million.
Source Prawo
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