- SLIM VAT 3 is another package of simplifications in the tax on goods and services.
- It is over 20 new solutions that meet many demands submitted to the Ministry of Finance by entrepreneurs.
- SLIM VAT 3 includes simpler invoicing, reduction of formalities and improvement of financial liquidity of companies.
- At the request of entrepreneurs, we are extending the pre-consultation of the project until February 23, 2022.
The third SLIM VAT package removes many outdated, unnecessary obligations incumbent on companies. The proposed changes were divided into 7 areas:
- Improving the financial liquidity of companies.
- VAT in international trade – less formalities.
- Broader scope of VAT exemptions.
- Fewer corrections and friendly VAT settlement.
- Easier invoicing and fewer obligations.
- Lowering VAT sanctions.
- Consolidation and standardization of binding information – easier and more transparent access to tax knowledge.
Source gov.pl