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Poland: Electronic reporting of VAT postponed to 1 October 2020 (COVID-19)

Poland: Electronic reporting of VAT postponed

Poland’s Ministry of Finance in late May 2020 announced that the required deadline to use a new form for electronic reporting of value added tax (VAT) will be postponed until 1 October 2020.

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The revised deadline for using the required VAT form (SAF-T) was extended from 1 July 2020 to 1 October 2020, apparently in response to the coronavirus (COVID-19) pandemic.

The new SAF-T is an electronic document consisting of two parts:

  • VAT register covering information about purchases and sales
  • VAT return containing information previously included in the VAT-7 and VAT-7K forms

In addition to information previously collected under VAT registers and the existing VAT forms, there is a new requirement to disclose specific, additional data that may pose a significant organizational challenge. For instance, the new form includes a requirement to assign appropriate group codes to products and services; to indicate the type of sales or purchase transactions (including related-party transactions); to specify the type of document accompanying each transaction; and to reflect tax identification numbers for simplified invoices.

Read a June 2020 report [PDF 241 KB] prepared by the KPMG member firm in Poland

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