News

VAT Registration Threshold Increased (Poland)

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Date30 Nov 2016
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From the 1st January, 2017 Poland increased its VAT Registration Threshold from PLN 150,000.00 to PLN 200,000.00. Poland received authorisation from the EU, which is required under the EU VAT Directive. This increase will only be applied to domestic/resident businesses in Poland. Non-resident businesses will still face a nil threshold for Polish VAT registration. This...
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VAT e-Filings/online Filings (Poland)

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Date24 Nov 2016
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From the 1st January, 2017 Poland introduced compulsory online filings for a range of VAT-related submissions. The filings that are affected include: VAT-7; VAT; VAT-7K-7D; and the summary information for VAT and EU intra-community supplies. They have allowed a 1-year transition period for business that do not: Provide EU intra-community supplies Provide reverse charge services...
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The right to deduct VAT with a duplicate invoice depends on the reason to issue

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Date14 Jan 2016
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The moment at which the payment of duplicate invoices is made is determined by whether a business has received the original sales invoice and the invoice has been recorded in its accounts. Taxpayers still had doubts when they could deduct VAT from duplicate invoices. There are two possible solutions. The first applies if a copy...
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An entirely new law on VAT will come into effect on 1st January 2016

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Date11 Dec 2015
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The lack of ability to obtain an advance ruling on individual tax rulings on sales VAT issues, meant for taxpayers they would be deprived of the only possible instrument to obtain a certain guarantee of the predictability of the controls in individual matters – claims Wojciech Pietrasiewicz, a tax adviser at Allen & Overy A....
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Amazon sellers & VAT in Poland

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Date05 Nov 2015
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Many clients of getsix® are foreign Amazon sellers from other European Union (EU) countries or from outside the EU. getsix® handles the VAT registration process for these Amazon dealers in Poland, as well as the further Polish VAT compliance. All correspondence is done in German or English language and mostly the information is exchanged via...
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Germany Intrastat threshold rise to €800,000

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Date25 Sep 2015
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German is to increase its Intrastat arrivals (Eingang) threshold from €500,000 to €800,000 per annum from 1 January 2016. There will be no increase to the dispatches (Versand) threshold of €500,000.

Polish ruling party plans to lower VAT to 22% from 2016: report

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Date11 Sep 2015
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Poland’s ruling Civic Platform (PO) party plans to lower Value Added Tax (VAT) to 22% starting from 2016 from 23% now and exempt the under 30-years-olds from paying the personal tax (PIT), Gazeta Wyborcza (a leading daily Polish newspaper) advised on 7th July 2015. In June 2015, the Polish Prime Minister Ewa Kopacz said she...
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The Polish VAT Act is to be amended from 1 July 2015

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Date09 Sep 2015
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Changes to the Act include: The rules on a customer’s liability for VAT have been extend on precious metals and certain types of photographic equipment Changes to the deposit calculations rules placed for transactions of steel, petroleum and gold Introduction of a new filing declaring sales of goods by vendors where the customer accounting for...
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Spain Intrastat threshold rise to €400,000

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Date15 Feb 2015
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Spain has increased the reporting threshold for Intrastat dispatch and arrival reporting from €250,000 per annum to €400,000. The new threshold applies from 1 January 2015, and the first reporting period will be January 2015 as is due by 12 February.