The Polish Parliament (Sejm RP) has passed an amendment to the VAT Act, increasing the tax exemption limit to 240,000 PLN starting in 2026, a 20% rise from the current threshold. This amendment, adopted unanimously, aims to simplify accounting and reduce costs for small businesses, though experts anticipate a decrease in state budget revenues from VAT. Transitional provisions for 2025 are in place to help taxpayers prepare for these changes.
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.
Latest Posts in "Poland"
- KSeF 2026: Structured Invoice Coding Obligation – Why Not a Right Instead?
- Prof. Modzelewski: KSeF Regulations Contradict EU Law on VAT Invoicing
- Poland Extends 50% VAT Deduction Limit on Road Vehicles Until 2028
- Mandatory KSeF System Brings More Surprises as Implementation Deadline Approaches
- Company Car Parking at Home Doesn’t Affect 100% VAT Deduction Rights
