27 April 2022
The European Council has allowed Poland to amend its electronic invoicing legislation to make it mandatory for businesses to use the regime from as early as April 2023.
The new regime (KSeF) allows both resident and non-resident companies, that sell to other VAT registered businesses in the country, to declare their sales to the Polish tax authorities via a new e-invoicing platform. The Polish tax authorities will then digitally verify these invoices and confirm that they can be issued to the customer accordingly. This is instead of sending invoices directly to their customers.
Poland hopes this new invoice-reporting regime will help to prevent VAT fraud in the country.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
UPDATE: UK COVID-19 hospitality reduced VAT rate...
The UK temporary VAT rate cut on hospitality and tourism, introduced to help the UK hospitality sector recover from the impact of COVID-19, ended on 31 March...
SEE MORE
LATEST NEWS
Norway consults on VAT rule changes relating to...
The Norwegian Ministry of Finance has launched a public consultation relating to the VAT treatment of non-digital services supplied by non-resident suppliers...
SEE MORE
LATEST NEWS
European Council confirms that VAT is due on online...
The European Council has amended the EU wide VAT directive (No. 2022/542) relating to the place of supply for live virtual events. The amendment confirms that...
SEE MORE