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/ Economy and Politics

VAT split payments further delay by Poland to July 2018

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Date15 Jan 2018

amavat-poland-vatThe introduction of ‘Split Payments’ will be delayed announced the Polish Ministry of Finance until 1st July, 2018. This anti-VAT fraud measure has already been delayed once since the original launch plan of 1st January, 2018.

‘Split Payments’ is a measure requiring B2B customers to pay the VAT element of an invoice into a separate VAT Bank Account of their supplier. This account is administered by the Polish Tax authorities, and usually may only be used to settle the supplier’s own VAT liabilities.

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‘Split Payments’ is already being used in Italy for certain public service supplies. Unlike Poland, the customer has to pay the VAT element directly to the tax authorities.

amavat® provides a one-stop-shop solution for VAT Compliance within Europe. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a standard and cost efficient approach.

If you have any queries or questions, please do not hesitate to contact amavat®.

To find out more information please visit www.amavat.eu