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Polish VAT news

We have informed you about the Polish publication of bank accounts in earlier newsletters. As from September 1, 2019 this so-called white list has been published. The list publishes the VAT taxpayers with their bank account numbers where payments should be made to.

It is important to pay to the listed bank account in order to avoid negative consequences for PIT and CIT and possible liability for tax arrears. The consequences in PIT, CIT and liability for tax arrears will be imposed as from the January 1, 2020.

The mandatory requirement will only apply to transactions above PLN 15.000 (approx. € 3.500) for the following products:

  • Steel
  • Fuel and coal
  • Mobile phones, tablets, digital cameras
  • Passenger car parts

From mentioned date it will also be possible to use the money available on the VAT account for payment of other taxes (PIT, CIT, excise), customs duties, any interest for late payment as well as payment of social security contributions. Before that date money from VAT account can be used for VAT payment to the tax authorities or payment of VAT that results from purchase invoices using voluntarily split payment.

In addition as from November 1, 2019 there will be an extension of the joint and several liability to all goods and services listed in Annex 15 to the VAT Act, if the given transaction due to its value was not subject to the mandatory split payment mechanism,

As from April 1, 2020 the new classification of goods and services will be introduced, for services new Polish classification codes will be introduced, for goods the regular CN codes will be applicable. In addition on that same date the new SAF-T structure that combines the VAT Return and the SAFT is planned for this date for large entities. The obligation will be extended to all taxpayers as from July 1, 2020.

July 1, 2020 is also the planned date for changes in the import VAT reporting through the Polish VAT return. Currently that is only possible for taxpayer with AEO status (or in possession of customs simplifications). From mentioned date, this will also be available for tax payers not in the possession of the customs simplifications or AEO status provided that they will make customs clearance via direct or indirect representative (customs agencies).


 
 
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