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Poland to End 0% VAT Rate on Food Products as Inflation Eases

  • Poland’s finance ministry will not extend the 0% VAT rate on food products after March
  • Decision made due to easing inflation
  • Prime Minister Donald Tusk may consider returning to the previous 5% VAT rate on food products
  • Reduced VAT rate on food products has been in place since February 2022
  • Inflation peaked at 18.6% in February 2023 before falling to 3.9% in January 2024

Source: reuters.com

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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