Home split payment

28 Dec

Draft regulations on mandatory e-invoicing in Poland

Using the National e-Invoice System will become mandatory for VAT taxpayers as of January 1, 2024, which means that documents issued out of the KSeF will not be accepted as an invoice. In the following article, we analyze the most critical issues concerning the regulations proposed by the Finance Ministry.

3 min

09 Feb

e-Invoice mandatory from 2023

The Ministry of Finance has published a draft amendment to the VAT Act, which provides for the introduction of e-Invoices, i.e., electronic invoices issued using the National e-Invoice System. The drafters claim that the amendment will bring many benefits to taxpayers, and the storage of e-Invoices in the Ministry of Finance databases will increase their security.

3 min

16 Dec

Central Registry of Invoices in Poland

iThe Central Invoice Registry is planned to be launched in mid-2021. Initially, sending e-Invoices via this platform will be voluntary, but the registry will become the primary medium for exchanging electronic invoices in time.

3 min

12 May

White list and split payment – changes related to the COVID-19 crisis

The Polish Parliament has passed a law restricting the imposition of sanctions for making payments to accounts not placed on a white list of taxpayers. The most important change concerns the exemption from the obligation to check the white list account when using the split payment mechanism. Taxpayers will not be threatened with sanctions in VAT, PIT, and CIT.

2 min

03 Apr

The Polish Anti-Crisis Shield – white list and split payment

The main assumptions of the set of acts composing the anti-crisis shield are to reduce burdens, maintain liquidity in companies and protect employees. The special act, which is to counteract the economic effects of the coronavirus pandemic, entered into force on 1 April 2020. What changes can entrepreneurs expect?

1 min

11 Mar

Facilitation of the SAF-T and split payment in connection with the coronavirus epidemic

Deferred payments, liquidity, protection of employees – these are the plans of the Ministry of Development to reduce the negative economic effects caused by the spread of coronavirus. The shielding package for entrepreneurs is to introduce instruments for improving the financial liquidity of companies. What does the draft of the special act on this matter contain, and what is changing in the scope of the new JPK and split payment?

1 min

30 Oct

JPK_FA(3) – new version of the JPK structure for tax books and accounting records

A new version of the VAT invoice structure, JPK_FA(3), has been published on the website of the Ministry of Finance – National Revenue Administration. The Ministry of Finance explains that the changes result from new regulations on VAT invoices concerning the split payment mechanism.

2 min

16 Jul

Split payment – when does it come into force?

The amendment to the VAT Act introduces, among other things, a departure from the voluntary principle in the application of split payment. The aim of the new regulations is to prevent VAT fraud. What does it mean in practice and what changes should entrepreneurs prepare for?

2 min

30 May

Mandatory split payment since September 1, 2019?

On 16th May the draft law amending the VAT Act was submitted to public consultation. This year, split payment becomes mandatory for payment of invoices for special groups of goods with a value of more than 15000 PLN.

2 min

10 Jul

Split Payment in SAP

On 1st July 2018, the law related to the so-called split payment came into force. It includes the possibility to pay invoices in two parts - to the general account and the VAT one. In the case of companies that operate them with SAP systems, it is necessary to adapt them to the new regulations.

3 min

Scroll