• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Email: accace@accace.com

Contact us
Sign up for news
  • Locations
  • Websites
    • Global (English)
    • Global (German)
    • Czech Republic
    • Germany
    • Hungary
    • Poland
    • Romania
    • Russia
    • Slovakia
    • South Africa
    • Ukraine
    • United States of America (USA)
  • eShop

Accace - Outsourcing and advisory services

  • Services
    • OUTSOURCING
    • Accounting and reporting
    • Accounting online portal
    • Payroll and HR administration
    • Payroll and HR online portal
    • Time and attendance online portal
    • ADVISORY
    • Tax advisory
    • Transaction advisory
    • Legal advisory
    • Corporate and secretarial
    • Advisory online portal
    • MARKET ENTRY SUPPORT
  • COVID-19
  • About us
    • Who we are
    • Case studies
    • Meet our key People
    • Partner with us
    • Corporate Social Responsibility
  • Careers
    • Open positions
    • Who we are
    • Our values
    • Success stories
    • How we care
    • How we act
    • We volunteer
  • Newsroom
  • Events
  • Locations

New rules for quarterly VAT returns in 2017 – Poland | News Flash

23 Jan 2017

Download Download PDF!

 

 

New rules for quarterly VAT returns in 2017 - Poland

The latest amendment to the provisions of the VAT Act was introduced under the Amending Act on December 1st, 2016. This change sets forth new rules for quarterly VAT settlements which became effective as of January 1st, 2017.

In its previous version, this provision stipulated the possibility of filing quarterly VAT returns by the wide group of taxpayers. Until that moment, legal persons, organizational units without a legal personality, and natural persons, who are individual entrepreneurs (taxpayers under the meaning of Art. 15 VAT) were entitled to make use of this option, provided that they made the notification of their choices to the relevant tax authority.

At the beginning of 2017 in the view of the adopted amendment to Article 99 Paragraph 3 of the VAT Act, quarterly VAT settlements would remain available only for so-called small taxpayers (irrespective of the method of accounting they use – accrual or cash basis), if they notified the head of a revenue office thereof in writing no later than on the 25th day of the second month of a quarter for which a quarterly tax return is to be filed for the first time.

According to the current regulation, a small taxpayer is:

    • a taxpayer in whose case the value of sales (including the amount of tax) did not exceed the PLN equivalent of EUR 1 200 000* in the preceding tax year (the limit for 2017 is 5 157 000 PLN),
    • a taxpayer running a brokerage firm, administering investment funds, being an agent, contractor or another person providing services of a similar character, except for sale on commission – if the amount of commission or of other forms of remuneration for provided services (including the amount of tax) did not exceed the PLN equivalent of EUR 45 000* in the preceding tax year (the limit for 2017 is 193 000 PLN)

However, it is worthwhile to bear in mind that the legislator also introduced exceptions to the abovementioned rule of applying. The specified “privilege” shall not apply to the small taxpayers such as:

    • so-called new active taxable persons for VAT purposes – within 12 months following the month in which the registration by the relevant tax office was made; or
    • taxpayers who supplied the goods (referred to in Schedule 13 to the Act) in a given quarter or in the four quarters preceding it, unless the total amount of said supplies less the tax amount did not exceed 50,000 PLN in any month during the above periods.

Besides this, it is worth drawing attention to Art. 15 of transitional provisions of the amending act, which stipulates the above restriction for the small taxpayers who set up a taxed activities, to those only who were registered as taxable persons for VAT purposes in the fourth quarter of 2016 (i.e. after September 30th ). Consequently, they are obliged to submit VAT returns on a monthly basis, as of January 1st, 2017.

To sum up, since January 2017 every taxpayer who is not qualified as a small taxpayer will be required to submit the VAT-7 return, even if they previously decided for quarterly VAT returns.

Ultimately, referring to the reasons for introducing the abovementioned amendments, it has to be related to the government bill, which implies that the proposed solution is primarily focused on sealing the tax system, by preventing fraud on VAT refunds (within a reduced deadline) by the entities who participate in the carousel fraud.

*the currency conversions into PLN of amounts denominated in EUR shall be made at the average exchange rate of EUR announced by the National Bank of Poland as of the first working day of October of the preceding tax year, rounded off to 1000 PLN.

 

Contact our experts in Poland!

Subscribe to our Newsletter!

 

Contact:

Katarzyna Rogowska

Tax Consultant, Poland

Katarzyna.Rogowska@accace.com

+48 223132950


Related articles:
  • 10 facts about taxation in Poland | Infographic
  • 2017 Tax Guideline for Poland

Primary Sidebar

<< Back to newsroom

NEW TO THE MARKET?

Use the free consultancy delivered by our in-country experts to get you prepared.

See what is included and schedule your call now!

We only need your email

Footer

About Accace

Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

About Accace Circle

Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2,000 professionals, we support more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170,000 pay slips globally.

Locations and contacts | Accace Circle

Our services

Accounting and reporting
Payroll and HR administration
Tax advisory
Transaction advisory
Legal advisory
Corporate and secretarial

Our eShop

Market entry support
See full list of services

Our online portals

Accounting portal
Payroll and HR portal
T&A portal
Advisory portal

Get in touch with us

Locations and contacts
Contact us
Sign up for news
Newsroom
Careers


Follow us

Facebook LinkedIn Twitter Instagram Youtube


Accace Circle

© Accace all rights reserved | Code of conduct | General Disclaimer | Disclaimer Newsroom | Cookie policy | Privacy policy | GDPR Statement

Get free access to
valuable insights
expert knowledge

Our legislation updates make it easy for you to keep on top of the latest changes affecting your business. Receive our articles, opinions, tips, industry news, country profiles, regional overviews and studies, latest events and even more, directly into your mailbox.

Check out our Newsroom to see what is included!

We only need your email

We will send you only relevant information we consider may be of your interest and treat your personal data in compliance with our Privacy policy and GDPR statement.

Unable to subscribe?  Try this page.

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies. Find out more.