- Zero VAT on food until March 31, 2024
- Official information published on March 12, 2024 by the Ministry of Finance about not extending the zero VAT rate on basic food products
- The temporary reduced 0% rate for food products listed in attachment no. 10 to the VAT Act was in effect until March 31, 2024
- The decision to not extend the zero VAT rate on food is based on the decreasing trend of inflation and favorable food price forecast
- Reverting back to a 5% VAT rate on basic food products from April 1, 2024 will impact consumer purchasing savings and require adjustments by businesses
- Businesses had until March 31, 2024 to update product prices, internal system settings, and contracts with suppliers.
Source: mddp.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.
