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VAT Bad Debt Relief for Cash Accounting Taxpayers in 2024

  • Small taxpayers using the cash method of VAT settlement can benefit from the bad debt relief
  • Conditions for using the bad debt relief in VAT include not settling the debt within 90 days, providing evidence of the debt’s uncollectibility, and ensuring the debt is not settled or transferred before claiming the relief
  • There is no provision excluding small taxpayers using the cash method from benefiting from the bad debt relief in VAT

Source: ksiegowosc.infor.pl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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