REMINDER: Poland VAT split payments from July 2018

6 June 2018

From 1 July 2018, Poland will introduce a voluntary anti-VAT fraud split payment regime.

Once introduced the split payment procedure will allow customers to pay the VAT amount of a sale directly into a special supervised bank account, while paying the net amount directly to the supplier. The tax authorities can then monitor the bank account and make withdrawals in order to settle the supplier’s VAT liability.