VATupdate
poland

Share this post on

Return of Double-Digit VAT Gap: End of the Miracle

  • VAT gap is increasing again, returning to double-digit levels
  • Minister of Finance Andrzej Domański stated that the VAT gap in 2023 was 15.8%, up from 7.3% in 2022
  • New tools are needed to tighten the tax system
  • The VAT gap is the the difference between expected and actual tax revenues
  • The VAT gap in Poland was 3.3% of potential revenues in 2021
  • The VAT gap decreased to 4.3% of potential revenues in 2021 according to the APK update in April 2023
  • Ministry of Finance estimates show the VAT gap was 11.2% in 2019, 9.3% in 2020, 3.1% in 2021, and 4.9% in 2022

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.

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com