News

Polish economy in the time of COVID-19

The coronavirus pandemic and the global lockdown had an extraordinarily strong impact on the economies of all countries in the world. However, according to the World Bank expert, the Polish economy is more resilient than others, and the fiscal situation in Poland is...

Changes in VAT on import in Poland

As from 1 July 2020, changes in VAT settlements on import have entered into force in Poland. They are aimed at improving the competitiveness of Polish ports. Taxpayers will be able to settle the tax on the import of goods directly in the VAT return. Pursuant to the...

VAT refund to taxable persons not established in the European Union

The company is a middleman established in Switzerland and now has a Polish client that ordered goods that were bought from a Polish contractor. The Polish contractor delivered the goods directly to the Polish client. The Polish contractor sent an invoice with Polish...

Whitelist VAT Poland – changes from July 1, 2020

The VAT regulations in Poland regarding the obligation to pay into a bank account disclosed on the whitelist will change. The deadline for submitting ZAW-NR form by taxpayers will be extended from three to seven days. Additionally the number of cases in which payment...

Brexit: VAT refund for British and Polish companies

Brexit will affect Polish taxpayer’s ability to claim a refund of British VAT on expenditures incurred within the territory of Great Britain (and so it will affect Polish VAT refunds for British entities). Up until now, based on the EU directive, taxpayers of all the...

Brexit: Chain transactions and triangulation

It is worth remembering commercial transactions in which more than two entities are involved, e.g. additionally an intermediary. It is about the so-called chain transactions. At the end of the transitional period, both Polish and British taxpayers will be required to...

Implications of Brexit for provision of services

Provision of services The end of the transition period on December 31 2020 will most probably change the way some services are provided by Polish taxpayers to British non-taxpayers. Those services are listed in Article 28I of the Polish Act on VAT and cover such...