- The Council of Ministers will decide on changes to the law regarding VAT exemption for Small Enterprises in other European countries
- Implementation of a EU directive beneficial for micro-businesses in the EU
- Previously, only entrepreneurs in Poland with annual turnover below 200,000 PLN could benefit from the exemption
- New rules will extend the exemption to entrepreneurs in other EU member states
- Different countries have different limits for the exemption, with Poland’s limit remaining at 200,000 PLN
- Tax authorities will support Polish entrepreneurs in determining eligibility for the exemption in other countries
- Exchange of information between tax authorities will be crucial for ensuring businesses receive the exemption they are entitled to
Source: mddp.pl
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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.
