- VAT on food will be reduced to 0% by the end of March 2024
- This will decrease budget revenues by 2.745 billion PLN
- The regulation also lowers VAT on soil improvement products, growth stimulators, and other agricultural supplies
- This will result in a decrease in budget revenues by approximately 173 million PLN in 2024 and 14 million PLN in 2025
- The current zero VAT rate on food will be in effect until the end of this year
Source: ksiegowosc.infor.pl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Poland"
- MDDP Webinar – KSeF implementation – how to prepare a company for new invoicing obligations? (Oct 15)
- Commercial Vocational Training and VAT Exemption: What Does the Supreme Administrative Court Say?
- Municipality’s Right to VAT Deduction for Market Stalls Construction
- VAT Technology Transformation: Digital Compliance Strategies for 2025 and Beyond
- Company Cars for Mixed Use: Pre-coefficient First, Then 50% VAT Deduction