10 August 2015
As of 1 July 2015, taxpayers in Poland are entitled to claim 50% of the input tax incurred on fuel for passenger cars that are used for both business and private purposes. Previously, this type of expense was subject to a full block on the input tax incurred.
The Polish government recently announced that it plans to cut the standard Polish VAT rate from 23% to 22% as of 1 January 2016. This cut will cost the Polish economy around €1.5 billion per annum.
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