The obligation to file monthly VAT returns may be abolished in 2019
The Ministry of Finance in Poland has announced that it may abolish the obligation to file VAT returns monthly, from the 1st of January 2019. The already mandatory Standard Audit File (SAF-T) for VAT will suffice. The new structure of the JPK_VDEK (SAF-T) uniform control file will replace the current JPK_VAT.
VAT-registered taxpayers will no longer have to file VAT returns and SAF-T at the same time, but will submit only one file JPK_VDEK i.e., the new scheme of monthly SAF-T filings for VAT.
Currently, taxable persons have to file monthly or quarterly VAT returns, as well as Uniform Control Files.
SAF-T is an international XML-based reporting standard for the exchange of tax-related data between businesses and tax authorities.
Taxpayers impacted by the changes in the SAF-T for VAT and elimination of VAT returns will need to consider:
- Adaptation of the applied data systems to correctly transfer and summarize data to the appropriate scheme (file)
- Proper training for people internally responsible for preparation of the VAT compliance
- Determination of the scope of the outsourced VAT compliance
To get more information regarding filing your VAT returns in Poland and other global locations, talk to our experts right now!
We know that Indirect taxes such as VAT and GST can have a huge effect on your business. As VAT rates change sporadically keeping yourself informed can be difficult. Compliance is always crucial. That’s why our Indirect Tax Experts share their hand-picked news stories every day that you need to know. From breaking news to VAT changes and new EU legislation. We know that relevant information means better decision making. We aim to be your number 1 source for VAT and GST news.
+353 56 778 34 00 | firstname.lastname@example.org