Polish VAT changes

The Polish VAT Act is to be amended from 1 July 2015. Changes to the Act include:

• The rules on a customer’s liability for VAT have been extend on precious metals and certain types of photographic equipment
• Changes to the deposit calculations rules placed for transactions of steel, petroleum and gold
• Introduction of a new filing declaring sales of goods by vendors where the customer accounting for the VAT under the reverse charge mechanism
• Extension of the domestic reverse charge to sales of unfinished aluminium, tine, zinc and lead
• Withdrawal of the anti-fraud domestic reverse charge mechanism where the customer is not in possession of a Polish VAT number
• Introduction of a minimum transaction value of PLN 20,000 for the application of the reverse charge mechanism of sales of mobile phones, laptops and other similar goods