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Simplifications under the Slim VAT 3 package are getting closer

After consideration by the Senate, on May 26, the Sejm supported one of the five Senate amendments to the amendment to the VAT Act and some other acts, called Slim VAT 3. The purpose of the changes is to simplify and accelerate VAT settlements, thanks to which financial liquidity will also be improved companies. 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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