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Zero VAT on food in 2024 – budget implications

  • 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.

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