Poland delays SAF-T replacement of VAT return till 2020
- EU VAT
- Jun 14, 2019 | Richard Asquith
Poland has again delayed an update of its Standard Audit File for Tax (SAF-T) mandatory filing regime and the withdrawal of the requirement to submit a periodic VAT return. The date has been moved from 1 July 2019 to 2020. There will be a staggered implementation:
- Jan 2020: large taxpayers with over 250 employees or turnover about €50m per annum
- Jul 2021: all other taxpayers
The Polish SAF-T (JPK_VAT) is being extended to including the VAT register plus VAT credit details. SAF-T reporting was made mandatory for all businesses with a Polish VAT registration at the start of 2018. The reporting standard was developed by the OECD in 2005, and has been adopted by nine EU countries. It is designed to enable to the consistent and efficient electronic exchange of tax transaction data between companies and the tax authorities.