- Annual VAT correction for 2025 (for 2024) includes proportion, preproportion, deadline, and rules.
- Taxpayers who used proportion or preproportion or changed the purpose of fixed assets will show the amount of annual correction for 2024 in the JPK_V7 declaration for January 2025.
- Taxpayers who used preproportion and proportion must make two annual corrections, establishing current coefficients, as the deduction mechanism is two-stage.
- Not all taxpayers are required to make the correction.
- Taxpayers who used proportion or preproportion in 2024 can choose not to make the annual correction if the difference between the initial proportion and the proportion established for the completed tax year does not exceed two percentage points.
- Taxpayers who used an estimated proportion or preproportion in 2024 are required to make the correction.
- Taxpayers who changed the purpose of fixed assets in 2024 or earlier are required to make the correction.
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.
