Poland postpones the introduction of split payments to prevent VAT fraud

28 September 2017

Poland recently announced that the introduction of the anti-VAT fraud split payments regime will be delayed until 1 April 2018.

The original proposed implementation date was 1 January 2018 and once introduced the split payment procedure will allow customers to pay the VAT amount of a sale directly into a special supervised bank account. The tax authorities can then make withdrawals directly from this bank account in order to settle the supplier’s VAT liability.

LATEST NEWS

Separate EORI number for Northern Ireland required

HMRC have recently confirmed that businesses who import and export goods from Northern Ireland (NI) will need a special Economic Operator Identification Number...

SEE MORE
LATEST NEWS

UK Intrastat still required after Brexit

The UK tax authorities have confirmed that English, Welsh and Scottish businesses importing goods into the UK from the EU will still be required to prepare and...

SEE MORE
LATEST NEWS

Ireland to introduce postponed accounting for import...

The Irish government have confirmed that a postponed accounting facility will be implemented for import VAT post-Brexit.  This new mechanism will allow all...

SEE MORE

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.