The draft provides for solutions that will simplify and speed up VAT settlements. The financial liquidity of companies will also be improved . It will be possible e.g. by increasing the sales limit of a small taxpayer from EUR 1.2 million to EUR 2 million. The new regulations are also intended to reduce formalities for companies in international trade. Thanks to the proposed solutions, running a business – from the point of view of settling VAT – is to be easier and less time-consuming.
Source: gazetaprawna.pl