POLAND: COVID-19 VAT IMPLICATIONS

Apr 3, 2020 | COVID-19

POLAND – update 28th May

Postponement of submission of electronic VAT registers

Mandatory electronic VAT cash registers have been delayed to 31 December 2020 for catering, accommodation and fuel sectors. Other sectors have been postponed until 30 June 2021.

 

Source Credit – Richard Asquith – (Avalara)

POLAND – update 6th May

Poland Publishes Regulation on Reduced VAT Rates Due to COVID-19

Poland has published the Regulation of 24 April 2020 in the Official Gazette on the reduction of VAT rate for certain goods and services in relation to the COVID-19 pandemic.

This includes a 0% VAT rate on the supply and import of certain medical products to combat the effects of the pandemic, which applies until the state of emergency for COVID-19 is cancelled.

A temporary reduced 8% VAT rate is also provided until 30 June 2020 on supplies of disinfectants with bactericidal, fungicidal, and virucidal properties in healthcare.

Source Credit – Orbitax

POLAND – update 28th April

Anti-crisis shield 2.0: Reduced VAT rate (0%) for laptop/tablet donations

The reduced 0% VAT rate applies to free delivery of laptops and tablets up to June 30, 2020 to:

  1. Educational establishments,
  2. Humanitarian, charitable or educational organizations and the operator of the National Education Network for further free transfer to educational institutions,
  3. Authorities running educational establishments for the purpose of further free transfer to conducted educational establishments.

 

Source Credit – Deliotte

 

POLAND – update 23rd April

VAT relief for school equipment: 0% VAT rate for free delivery of computer hardware in the form of portable computers such as laptops and tablets

 

The Education Ministry has summarised the government’s actions during the pandemic. These have included an internet platform for learning epodreczniki.pl, additional money for the purchase of computers, VAT relief for school equipment, free internet services and training for teachers.

Due to the coronavirus epidemic, full-time classes in public and private schools and kindergartens have been suspended, at first until March 25, then the suspension was extended to April 10. Last week, the suspension of stationary classes was further extended by two weeks – until April 26. From March 25, schools are required to use e-teaching.

The Ministry invites everyone to use its platform www.epodreczniki.pl
There are over 6,000 educational materials on the platform intended for all stages of education. Almost all teaching materials contain open-ended questions or interactive exercises. You can also find curricula and lesson plans, additional e-materials for use in school or for a pupil’s independent study and links to external resources.

Additionally, materials and information useful for schools in conducting distance learning are published on the platform, including guide for schools on distance education.
The Ministry has said that they will offer tax relief to business entities which engage in the donation of computer equipment to educational institutions.

It was stated that this solution implies a 0% VAT rate for free delivery of computer hardware in the form of portable computers such as laptops and tablets.

 

Source Credit – Poland IN

 

POLAND – update 17th April

Update of the JPK_VAT information brochure

On April 15, 2020, an updated information brochure regarding JPK_VAT with a declaration was published on the website podatki.gov.pl . The changes are related to the postponement to July 1 this year. the date of entry into force of the new JPK_VAT with the declaration (JPK_V7K and JPK_V7M) in relation to the so-called large entrepreneurs – as part of the Anti-Crisis Shield.

 

Source Credit – gov. pl

 

POLAND – update 15th April

Anti-crisis shield: more solutions for entrepreneurs

During a press conference on 8th April 2020, the government presented further solutions to support entrepreneurs during the crisis caused by the coronavirus pandemic. At the same time, works are underway on further changes to the “Crisis Shield”, extending the types of support for beneficiaries.

 

Source Credit – Deliotte

 

POLAND – update 7th April

 0% VAT rate applicable on medical devices and medicinal products such as disinfectants, masks and protective suits

Products manufactured or bought by companies transferred to fight the coronavirus were subject to a “zero” VAT rate. This applies to in medical devices and medicinal products such as disinfectants, masks and protective suits.

 

Source Credit – Polish Government

 

POLAND – Update 31st March

 

  • Possibility of retroactive settlement of tax loss incurred in 2020 and utilization of this loss against taxable income generated in 2019 (up to certain limits);
  • Possibility to opt out from simplified CIT advances and calculate advances based on the actual, current results (for small taxpayers only);
  • Possibility of decreasing the CIT base by the donations made to specific entities for the purpose of prevention of COVID -19 .
  • Possibility of quicker release of funds from VAT split payment account to regular bank account of the taxpayer.
  • Deadlines / procedures

 Extension of the deadlines

  • e.g. for

( i) filing CIT -8 (annual tax return) and payment of annual CIT liability for 2019;

(ii) filing certain reporting forms related to withholding tax

( iii) reporting under the Mandatory Disclosure Rules;

( i v) certain accounting obligations (including preparation and approval of the annual financial statements);

(v) reporting to the tax authorities of the payments made to the bank accounts not listed on the so -called ‘white list’; − No extension fees should be charged from the taxpayers in connection with the application for deferral of their on -going tax payments (e.g. monthly VAT payments);

  • Suspension of collection of taxes / advance tax payments from entities acting as tax remitters;
  • Suspension of monthly CIT advance payments (subject to certain conditions, including decrease in taxable revenue for the respective months);
  • Lack of start / suspension of the certain deadlines in tax procedures (including court proceedings; tax controls; fiscal criminal proceedings etc.);
  • Postponement of the application of the Retail Sales Tax Act (specific form of taxation of sales in large area malls).

Source Link here

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