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Tax advisory

What will change in case of providing simplified invoices in the VAT register and SAT-T file in 2020?
In the new SAF-T file we do not report receipts with tax identification number of purchaser (NIP) being simplified invoices. Since the 1st of January 2020, entrepreneurs in Poland may issue an invoice to the…
During a tax investigation, the taxpayer can correct invoices with unduly shown VAT, if the invoices were issued in good faith
Invoices with unduly reported VAT can be corrected by a taxpayer acting in good faith, even during the course of a tax investigation. Consequently, the taxpayer is not obliged to pay VAT pursuant to Art.…
Judgment of The Court of Justice in terms of VAT
The Court of Justice confirms what taxpayers operating in Poland have long disagreed with - introducing an additional requirement in Polish regulations which leads to showing output and input VAT in two different settlement periods…
Tax aspects of UK–EU trade in goods which should be considered after Brexit
Although the UK formally left the European Union on 31 January 2020, thanks to the transition period, for businesses and consumers Brexit really took effect on 1 January 2021 when the UK withdrew from the…
Amendment of the VAT Act
In November 2020 the Polish Sejm adopted with revisions the amendment to the VAT Act introducing so-called “Slim VAT.” President of Poland signed the bill on December, 21. According to the bill, it will enter…
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