Skip to main content
News from IVA members

Poland – postponed accounting

By July 28, 2020July 10th, 2021No Comments

As of 1st July, 2020 Poland, adopts simplification to postponed accounting relating to settlement of import VAT. So far to settle import VAT via VAT return, without physical payment of the output VAT to the authorities, it was necessary to hold AEO Certificate…

As of 1st July, 2020 Poland, adopts simplification to postponed accounting relating to settlement of import VAT. So far to settle import VAT via VAT return, without physical payment of the output VAT to the authorities, it was necessary to hold AEO Certificate or clear the goods based on the customs simplifications foreseen in Art. 166 or Art. 183 of the European Union Customs Code.

 

As of 1st July, holding an AEO Certificate or using the above-mentioned customs simplifications will not be necessary to benefit from the postponed accounting. There are still some conditions which should be fulfilled by the taxpayers but the simplification will be more available and feasible for more taxpayers.

 

The above information was kindly provided by Independent Tax Advisers (Poland). If you require more information please contact: Dorota Baczewska-Golinska at dbaczewska@itadp.pl.