The Polish Ministry of Finance published new forms of VAT-7, VAT-7D and VAT-7K returns which will be applicable since settlement for July 2015 or 3 quarter 2015…
Tax Alert No. 2/2015 New forms of VAT returns applicable since settlement for July 2015 / 3Q2015
The Polish Ministry of Finance published new forms of VAT-7, VAT-7D and VAT-7K returns which will be applicable since settlement for July 2015 or 3 quarter 2015.
The change concerns mainly reporting of imports of services and domestic transactions subject to the reverse charge (lines 11 – 15). The new forms require presenting more detailed information:
- line 11 – import of services other than services purchased from VAT taxpayers from other EU Member States settled according to B2B rule,
- line 12 – import of services purchased from VAT taxpayers from other EU Member States settled according to B2B rule,
- line 13 – supply of goods and services subject to reverse charge according to art. 17 item 1 points 7 and 8 of the Polish VAT Act (filled in by the supplier who conducts domestic supplies of specific, “sensitive” goods, like e.g. scrap, recyclable materials, tablets, laptops, smartphones, etc.),
- line 14 – supply of goods subject to reverse charge according to art. 17 item 1 point 5 of the Polish VAT Act (filled in by the purchaser – this point concerns “ordinary” reverse charge when the goods were purchased from other than Polish VAT taxpayer),
- line 15 – supply of goods and services subject to reverse charge according to art. 17 item 1 points 7 and 8 of the Polish VAT Act (filled in by the purchaser – see our comments to line 13).
Additionally, new VAT forms contain new box No. 47 which shall be used by the taxpayers to correct their amounts of input VAT, if the special regulations on so called “bad debt relief” are applicable (e.g. when they have not paid amount resulting from the invoice within 150 days since the payment deadline).
The “old” versions of VAT-7, VAT-7K and VAT-7D returns can be used as a rule till the settlement for December 2015 or 4th quarter 2015. However, if the taxpayer has purchased or supplied any goods or services stipulated in art. 17 item 1 points 7 and 8 of the Polish VAT Act, it has to use new forms since VAT return for July 2015 or 3rd quarter 2015.
The form of EC Sales and Purchase List (VAT-UE) remains unchanged.
The editable forms can be downloaded from the following link: http://www.itadp.pl/en/tax-alerts/tax-alert-no-22015-new-forms-of-vat-returns-applicable-since-settlement-for-july-2015-2q2015/
Dorota Baczewska-Golinska
Independent Tax Advisers
