The Senate adopted an amendment to the Act on Value Added Tax and some other acts, called Slim VAT 3. The purpose of the changes is to simplify and accelerate VAT settlements, thanks to which the financial liquidity of companies will also be improved. Majority of the changes will be implemented as from 1st of July 2023.
The changes are aimed at e.g. reduction of formalities in international trade. The moment of showing the intra-Community supply of goods with a 0% rate in reporting corrections will be clarified. If documents are received with delay, the transaction will be shown on the date when the tax obligation arises, instead of on the date of delivery.
Source: polishtax.com
Latest Posts in "Poland"
- No VAT on Crowdfunded Blockchain Services Without Identifiable Beneficiary, Polish Court Rules
- Mandatory KSeF Launches February 2026: Many Small Businesses May Not Be Ready in Time
- Date in Field P_1 Is Invoice Issue Date and Tax Point, Not KSeF Creation Date
- When Can You Sell Collectibles Without Using the VAT Margin Scheme?
- How to Correct Structured Invoices in KSeF Issued with Incorrect Buyer NIP After February 2026
