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New VAT Rates Directive Will Impact Millions of Polish Spending – Government Decision Pending

  • New EU directive will change VAT rates, affecting the expenses of millions of Poles
  • The government must decide on the zero VAT rate by January 2025
  • Poland must align VAT rates on goods and services by the end of 2024
  • The government will determine which products will have reduced or zero VAT rates
  • Plans for VAT reductions by the new government are currently unknown
  • Ministry of Finance is not currently working on changes to the VAT law
  • New VAT law changes should be in place by the end of 2024
  • Some products may no longer have preferential VAT rates, leading to price increases
  • Zero VAT rate on food will not be extended
  • Ministry of Finance decided not to extend zero VAT rate on basic food products

Source: podatki.gazetaprawna.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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