SAF-T to replace VAT returns in 2020

The SAF-T files will replace the VAT returns in Poland. The entry into force of that measure has however be postponed to July 2020 (instead of July 2019 initially).  In first instance, this will apply to large businesses only (at least 250 employees or turnover of EUR 50 million and balance sheet total above EUR 43 million). These thresholds have to be regarded from a global perspective, meaning that the foreign entities with a Polish VAT number should not consider their Polish activities only. Small and medium business will be impacted as of October 2020.

The SAF-T files will have to meet precise conditions in order to be compliant and additional information will therefore have to be included.

Automatic VAT deregistration

Since 01/01/2017, Polish VAT number of foreign companies having no transactions in Poland during six months or two consecutive quarters will be automatically unregistered by the Polish VAT authorities.

New additional VAT filing requirement

As from 01/07/2015, a new sales listing is applicable to report all transactions subject to local reverse charge.

Intra-Community acquisitions

A deduction of input VAT will be possible provided there is also output VAT reported on the VAT return for the filing period in which the VAT issue arises. When output VAT is not reported within three months of the VAT issue, it will no longer be possible to retrospectively report the input VAT.