- Definition and Thresholds: Simplified invoices, or “faktury uproszczone,” are used for transactions not exceeding PLN 450 (approximately EUR 100). They provide a less formal and more efficient way to document low-value sales, but businesses must ensure they meet specific legal requirements.
- Legal Requirements: Simplified invoices must include essential details such as the date of issue, seller’s tax identification number, a description of goods or services, total amount due, and applicable VAT rates. Certain transactions, like intra-Community supplies and distance sales, cannot utilize simplified invoices, and if the transaction exceeds the threshold, a standard VAT invoice is required.
- Benefits and Compliance: While simplified invoices reduce administrative burdens and improve efficiency, they still need to be archived for a minimum of five years. E-invoicing options are also available and encouraged, with potential future mandates. Understanding these guidelines helps businesses optimize invoicing processes and maintain compliance with Polish tax regulations.
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