Tax Focus 2019 | Zero PIT – Tax relief for people under the age of 26
From the 1st August, 2019 an exemption from taxation of salaries of people under the age of 26 years of age was introduced. The rules of using zero PIT for young people are advantageous for those employed under a contract... Please Read More
Legal Focus 2019 | Ultimate Beneficial Owners of Polish Companies
The Central Register of Beneficial Owners in the New Law on Counteracting Money Laundering and Terrorist Financing Dear ladies and gentlemen, We would like to draw your attention to a recent Act that will come into effect in September 2019.... Please Read More
amavat | VAT Focus
New European Union Dispute Resolution Rules Now In Force From the 1st July the European Union’s new directive on tax dispute resolution mechanisms entered into force. These new rules aim to ensure quicker and more effective resolution on tax disputes... Please Read More
Tax Focus 2019 | Postponement of the ruling on certain Withholding Tax (WHT) provisions until 1st January, 2020
Dear ladies and gentlemen, We recently advised you regarding the implementation date for Withholding Tax (WHT). By virtue of the Regulation of 27th June, 2019, the Minister of Finance postponed the application of some of the amended provisions regulating WHT... Please Read More
Tax Focus 2019 | Upcoming changes in the area of VAT settlements soon to come into force
Updated: 11-10-2019 Updated: 30-08-2019 Dear ladies and gentlemen, We would like to draw your attention to a broad package of changes in the area of VAT settlements, which should come into force in the second half of 2019. Some of... Please Read More
Tax priority 2019 | No right to deduct VAT for the purchase of fuel cards if the transaction is considered a financial service
Entities who initially purchase fuel cards used for cashless supplying of fuel to companies do not buy and resell fuel, but they provide a financial service involving crediting the purchase of this fuel. Therefore, they are not subject to VAT,... Please Read More
Tax Focus 2019 | Poland to Delay Implementation of New Withholding Tax Requirements
These new requirements will essentially provide certain conditions that must be met in order for a withholding tax reduction or exemption to apply in relation to payments to non-residents under tax treaties or other special regulations. This means that if... Please Read More
getsix | From 1st May, 2019 a new matrix of VAT rates was applied to cash registers
The 1st May, 2019 is the effective date of Act of 15th March, 2019 amending the Tax on Goods and Services Act and of the Trade Metrology Act (Journal of Laws [Dz. U.] of 2019, Item 675), i.e. the so-called... Please Read More
Tax Focus 2019 | Transfer Pricing Threshold
Local transfer pricing documentation is prepared for a controlled transaction of a uniform nature, the value of which, less value added tax, exceeds the following documentary thresholds in the financial year: PLN 10 million – in the case of a... Please Read More
New Minimum Wage Rates 2018: You Should Know
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Date05 Jan 2018
/With effect from 1st January, 2018 the minimum wage rates in Poland have been reorganised. Compared to the previous year, the minimum earnings have increased by 100 zlotys gross. A new minimum hourly rate will also apply in the new... Please Read More