New JPK_VAT regulation

Legislative work on the new structure of JPK_VAT ended with the issuance of a regulation on 15 October this year. The Ministry of Finance, Investment and Development published final regulations concerning the new structure of VAT records and VAT declarations (VAT-7 and VAT-7K declarations).

The new regulations will not apply to the shortened VAT return on passenger taxi services taxed at a flat rate (VAT-12), as well as other tax returns to which the existing regulations will apply (e.g. VAT-8, VAT-9M, VAT-10, or VAT-14).

The regulation of 15 October abolishes the obligation to submit separate VAT-7 and VAT-7K documents because the new structure of JPK_VAT includes these declarations. The new VAT scheme, named JPK_V7M (for taxpayers who settle monthly) and JPK_V7K (for taxpayers who settle quarterly), apart from the register part, similar to the one known from JPK_VAT, contains a declaration part related to VAT-7 and VAT-7K.

Recently published schemes take into account comments made during the public consultation process, e.g. on reducing the detail of types of sales and purchase documents, and distinguish between sales procedures and product groups. We have already written about this inconsistency on our blog.

According to the regulation, from 1 April 2020, large enterprises are obliged to submit a declaration in the form of JPK_V7M or JPK_V7K. For other entrepreneurs the obligation will come into force on July 1, 2020.