- Increase in VAT Exemption Limit: The VAT exemption limit will be raised from 200,000 PLN to 240,000 PLN starting next year, allowing more businesses to qualify for reduced reporting requirements.
- Impact on Small Businesses: This increase in the exemption limit aims to alleviate the administrative burden on tens of thousands of small businesses, enabling them to have less extensive financial reporting.
- Long-Term VAT Policy Review: The Ministry of Finance is committed to ongoing reviews of VAT regulations to ensure they remain beneficial for businesses, indicating a focus on adapting tax policies to support economic growth.
Source Prawo
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