New rules of VAT settlement will apply soon – companies may be late with preparations

Changes regarding VAT settlements will be introduced already on 1 October. Submission of tax returns will be replaced by a new uniform control file (JPK), in which much more detailed information will have to be provided than before, and errors in the new JPK will result in severe penalties.

The changes were supposed to be facilitation for taxpayers, but the reality may not be so rosy.

– When reading the new regulations on the detailed scope of data to be included in tax returns and records in the field of tax on goods and services allows an assumption that the new rules for keeping records and reporting them will cause a lot of problems to taxpayers, not only of an interpretative nature – says Krzysztof Czekaj.

An article on the JPK_VAT file with a commentary by Krzysztof Czekaj, an expert on VAT, was published in today's edition of Prawo.pl: https://www.prawo.pl/podatki/jpk_vat-rejestr-vat-i-deklaracja-od-pazdziernika-2020,502631.html