Consequences of failure to implement the SAF in companies
A lot of materials on generating the Standard Audit File have recently been created. They usually concern areas related to obligations of parties, ways of implementing this solution in companies, details and legal nuances in the current tax law. The subject of the Standard Audit File arouses such intense interest because businesses are eager to implement effective solutions on time and settle their financial, accounting, and warehouse data correctly.
But what about companies which will not manage to implement an appropriate program on time? The consequences can be severe. Although the law does not specify specific penalties associated with the non-fulfillment of the SAF obligation, there are regulations embracing such entities.
According to Article 262 of the Tax Ordinance of 29 August 1997*, the maximum amount of fine in 2016 is 2800 PLN. It is administered in case of unjustified refusal to provide authorities access to tax books and accounting documents which are the basis of records in the SAF format. On the other hand, a fine is imposed for preventing or obstructing activities of representatives of tax authorities, in particular, for not submitting tax books and accounting documents which are the basis of records in the books in the SAF format. The fine can be up to 120 daily rates in case of not submitting monthly VAT settlement, and 240 rates in the case of providing false information.
Due to the designated sanctions, associated with failure to meet the requirements, it is worth to get ready now to implement the SAF in your company.
*J.o.L. 2015, item. 613, as amended.
- On 16/06/2016