Since January 2018, all active VAT payers have been required to submit the Standard Audit File (JPK_VAT).

Entrepreneurs must submit VAT transaction records via a gateway provided by the Ministry of Finance. This obligation applies to all registered and active VAT payers, except for companies benefiting from the individual exemption and whose annual turnover does not exceed PLN 200,000.

This is not the end of this year’s changes for VAT payers. Starting in July, entrepreneurs who maintain electronic accounting records will also be required to submit other documents, including revenue and expense ledgers and warehouse statements, upon request from the tax office.

Experts advise taxpayers to perform a cost-benefit analysis and assess whether continuing to be a VAT payer is worthwhile. “If someone doesn’t have large investments, for example, runs a kiosk or a small shop with a turnover of up to PLN 200,000 per year, they should consider deregistering for VAT. In such a case, they must submit an updated VAT-R registration form by January 7th, indicating that they no longer wish to be an active VAT payer but rather exempt from VAT,” advises Jacek Matarewicz, tax advisor and attorney at the Ożóg Tomczykowski law firm, in an interview with PAP.