7 CHANGES IN VAT: The new matrix of VAT rates Enacting from July 1, the so-called new matrix of VAT rates means a completely new wording of Annexes 3 and 10 to the VAT Act, in which goods and services subject to reduced VAT rates (8% and 5%, respectively) have been indicated....

7 CHANGES IN VAT: Whitelist – favourable changes for taxpayers On 1 July 2020, there are new favourable changes to the regulations on Whitelist of VAT taxpayers. What is important, they are to be applied to the payment of liabilities made from 1 January 2020 (retrospectively)....

The deadline for submitting an application for exemption from ZUS falls on 30th June 2020 Entrepreneurs who want to take advantage of exemption from paying ZUS contributions for March – May 2020 on the basis of the Anti-crisis shield, have time to submit an application...

New deadlines for paying PIT advances and flat-rate income tax On June 1st, 2020, the regulation of the Minister of Finance on the postponement of deadlines for the transfer of income tax advances and a flat-rate income tax by some tax remitters [Regulation] entered into...

Commencement/ Re-commencement of statutory terms in tax proceeding On 24th May 2020, statutory terms will commence or recommence (depending on whether the decision, sentence, summons, etc., were delivered before or after 14 March 2020) in the following proceedings: tax audits, customs...

VAT – still a lot of uncertainty around the concept of a fixed establishment in Poland On 7th May 2020 the Court of Justice of the European Union (hereinafter: “CJEU”) delivered a judgment (reference number C-547/18) regarding a fixed establishment under VAT Regulations (hereinafter:...

With shield or without shield – legal and tax business supporting solutions Dear Sirs, Below we present selected  measures for entrepreneurs from the Polish Anti-Crisis Shield, taking into account amendments introduced by the Shield 2.0 . There are some other intersting...

Impact of a potential crisis on intra-group transactions The current crisis, caused by the COVID-19 epidemic, will undoubtedly have long-term effects. It is highly probable that today’s epidemiological and economic situation will force capital groups to change their...

The impact of COVID-19 pandemic on the situation of the borrowers, lessees and the sellers under factoring agreements The COVID-19 pandemic may have unpredictable consequences on the financial situation of borrowers and the entities benefiting from other forms of financing...

Anti-crisis shield and support for business Loans for microentrepreneurs One of the solutions of the Anti-Crisis Shield, which is addressed to the microentrepreneurs is the possibility to obtain the loan from the funds of the Labour Fund up to the amount of PLN 5,000.00 for...

Poland: The epidemic does not change payment deadlines There anti-crisis bill did not bring any significant changes in the creditor protection and the obligations of the debtor. PAYMENT TERS   The payment deadlines for professionals depend on the size of the contractor: if...

COVID-19 – New health and safety requirements for workplaces On 31 March 2020, the government announced the introduction of new restrictions in connection with preventing the spread of the COVID-19 epidemic. The changes concern, among other things, all operating workplaces....

COVID – 19: Labour law and payroll taxes (PIT, ZUS, PPK) Labour law 1. Prolongation of the payment of care allowance in connection with the closing of educational institutions In addition to the applicable law, it is planned to continue financing childcare allowance for the...

Poland: Covid-19 0% VAT rate for selected donations of goods On March 25, 2020 the Regulation of the Minister of Finance entered into force, pursuant to which, until August 31, 2020, the VAT rate on donations of goods intended for the purposes of combating infection, preventing...

CIT-8 deadline extended for all taxpayers In line with th latest news, CIT taxpayers will get two more months to file their annual CIT return and settle the tax. This means that the deadline for submitting CIT tax returns will be 31 May 2020. Taxpayers generally exempt from...