How to properly issue VAT invoices in accordance with the regulation of the Minister of Finance of Issuing VAT invoices is a key obligation for every taxpayer. Understanding how to properly store documents and what the rules are for refunding VAT on goods and services is essential. The regulation of the Minister of Finance of specifies detailed rules for exemptions and refunds of tax to certain taxpayers. Find out, […]
Self-Invoicing: How a Buyer Can Issue VAT Invoices on Behalf of a Seller Self-invoicing is the process of a VAT invoice being issued by a buyer on behalf of a seller. Learn how to properly issue invoices on behalf of a seller and the rules for approving invoices issued by the buyer. Self-invoicing is an innovative approach to issuing VAT invoices that could revolutionize the way in which […]
How to properly issue a VAT invoice for an individual? Issuing an invoice for an individual, also known as an invoice for an individual, requires knowledge of the mandatory elements that a VAT invoice should contain. Learn how to properly issue an invoice for an individual, what data is required, and how to keep records in a cash register. Learn the rules regarding the Tax Identification Number and other key […]
Switch to e-invoice: Mandatory National e-Invoice System and Electronic Invoice Nowadays, more and more companies decide to issue invoices in electronic form. E-invoice, or electronic invoice, is becoming mandatory within the National e-Invoice System (KSeF). Find out how to structure your invoices and what benefits a structured invoice brings. We answer the most frequently asked […]
Mandatory Split Payment Mechanism: What is it and How does it work? The split payment mechanism, also known as split payment, is a mandatory system that aims to increase the security of financial transactions. It consists of dividing the invoice payment into two parts: the net amount and VAT. Thanks to this mechanism, the split payment becomes more transparent and compliant with the applicable […]
Cash Method of VAT and PIT: What Does It Involve and How to Settle a Small Taxpayer? The cash method in VAT and PIT is a method of settlement that is particularly beneficial for small taxpayers. It consists in the fact that VAT and PIT are settled at the time of actual receipt of payment for the invoice. Thanks to this, the taxpayer does not have to pay the tax before receiving payment, […]
Intra-Community Supply of Goods (ICG) – Key Information on VAT and Documentation Intra-Community supply of goods (ICG) is an important element of trade in the European Union, which is associated with various VAT rates. In order to correctly settle VAT on IDT, it is necessary to have the appropriate documentation, such as an invoice and supporting documents, including a bill of lading. Knowledge of VAT rates on IDT […]
How to Deduct VAT Properly: Ratio, Pre-ratio and Correction Taxes are the price we pay for a civilized society, Oliver Wendell Holmes Jr. used to say, and understanding the rules for deducting VAT is a key element of that price. In this article, we will look at how to effectively deduct VAT using proportions, ratios and pre-ratios, which is essential for optimizing the finances of every company. […]
How to check VAT taxpayer status and use the VAT white list? Recent changes to VAT regulations in Poland have sparked interest from entrepreneurs who want to make sure that their contractors are reliable taxpayers. Verifying VAT taxpayer status has become a key element of running a business, and tools such as the VAT white list and the system […]
How to Fill Out the VAT-R Form: A Step-by-Step Guide for VAT Taxpayers Registering as a VAT taxpayer can seem like a complicated process, especially when you first have to fill out the VAT-R form. Many entrepreneurs, like you, wonder how to fill out this document correctly to avoid mistakes and unnecessary delays. Our guide will help you understand, […]