- The Polish Ministry of Finance announced approval of a draft bill to amend VAT measures on December 3
- The bill proposes a zero percent VAT rate for rescue ships and lifeboats used at sea, excluding seagoing ships and boats
- It seeks to extend the 8 percent VAT rate for medical devices under the previous Medical Devices Act
- The bill aims to clarify reduced VAT rate provisions for fertilizers, plant protection products, and feed
- It plans to continue the reduced rate for agricultural goods and reduce VAT for mixed fertilizer products, excluding pure fertilizer and liming agents
- The VAT rate on menstrual cups will be reduced to 5 percent from 23 percent
- The reverse charge mechanism for gas, electricity, and greenhouse gas emission-related services is extended until December 31, 2026, effective from February 28, 2025
- The proposed measures are set to be implemented starting April 1, 2025
Source: news.bloombergtax.com
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.
