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Poland Seeks To Enlarge Small Firms' VAT Waiver

by Ulrika Lomas, Tax-News.com, Brussels

26 October 2016


The European Commission has tabled a proposal for a Council Implementing Decision to allow Poland to expand a value-added tax (VAT) relief measure to ease the administrative burden on small businesses.

In 2009, Poland requested a derogation to simplify VAT obligations for small traders and to ease the collection of the tax for the national tax administration.

By Council Decision 2009/790/EC of October 20, 2009, the Council authorized Poland to exempt from VAT taxable persons whose annual turnover is no higher than the equivalent in national currency of EUR30,000 (currently about PLN129,850, or USD32,750) until December 31, 2012. This derogation was extended until December 31, 2015, and again, by Council Implementing Decision 2015/1173/EU, until December 31, 2018.

Poland has newly requested that the Council approve an increase to the exemption threshold for the duration of the derogation from EUR30,000 to EUR40,000.

TAGS: VAT special schemes | tax | small business | business | European Commission | value added tax (VAT) | VAT legislation | legislation | Poland | currency | trade | European Union (EU) | Europe

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