As announced last week, starting this week in our Tax This and That series, we'll be highlighting tax changes coming next year. Let's start with the goods and services tax.
VAT exemption abroad
On November 22, the President signed an act enabling the use of subjective VAT exemption in Poland by foreign entrepreneurs (up to the limit of PLN 200,000) and by Polish entrepreneurs abroad.
Until now, this exemption was only available to VAT payers registered in Poland.
More on this topic: VAT exemption for entrepreneurs from the European Union | Graś i Wspólnicy
Changes in tax rates
From the new year, the tax rate for certain goods and services will change:
0% – rescue vessels and lifeboats used at sea, which are not seagoing ships or boats.
5% – menstrual cups (reduction from 23%),
8% – medical devices listed in the annex to the VAT Act (the rate will not change, but will apply indefinitely, and not until May 27, 2025, as currently),
23% – live horses, donkeys, mules, and hinnies (increase from 8%),
23% – hemp products for smoking or inhaling without combustion (increase from 8%) – the change will not apply to medical marijuana.
Reverse charge for gas and electricity longer
The reverse charge tax on gas in the gas system, electricity in the power system and services related to the transfer of greenhouse gas emission allowances is valid until 28 February 2025. However, it is planned to extend the validity of this mechanism until the end of 2026.
Cash registers without integration with terminals
Article 19a, point 3 of the Business Law Act required payment terminals to be integrated with cash registers. To simplify procedures, this requirement is to be eliminated. Penalties for failure to integrate will also be removed.
Receipt from the vending machine
Currently, when goods are delivered using automated vending machines, which accept payment and issue goods unattended, a receipt is not required. However, plans are underway to introduce the requirement to record sales made using vending machines at the cash register.
Next week, we'll be reviewing the changes to CIT. We encourage you to read on.
This article is for informational purposes only and does not constitute legal advice.
Legal status as of November 29, 2024
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