The taxation system in Poland is known to be complex , thus individuals and companies often inquire about the possibilities of tax refund .
Adjustment of overpaid taxes in Poland are can be obtained for both private persons and companies . The main reason for seeking a refund is overpayment of taxes , which can occur due to various circumstances . tax refund in Poland Under what conditions is a tax refund possible?
There are several situations where an individual has the right to compensation of taxes:
Excessive tax payment : In many cases, taxpayers excessively pay taxes due to errors in their reports .
Favorable tax conditions: Certain allowances can reduce the tax burden , which in turn makes it possible to reimbursement .
Change in financial situation : If the tax status of a taxpayer fluctuates during the year, this can alter the amount of taxation, resulting in the possibility of a reimbursement .
Reimbursement of Value Added Tax
Firms listed for in the VAT system may receive reimbursement of VAT on business-related expenditures. To apply for a refund, a company must adhere to the following rules:
Maintaining up-to-date reporting: VAT report must be filed on a monthly basis within 25 days after the end of the reporting period .
Using the online platform : Declarations are sent via the web through the website of the Polish tax authority (KAS).
VAT Refund Procedure : A company can claim a VAT refund through its monthly reporting . The tax authority will compensate the difference between input and output VAT .
Time for VAT Reimbursement
The time it takes to refund VAT depend on certain conditions :
If the refund is applied for to the organization’s tax account, the funds are returned within 25 days .
Compensation to a bank account occur within two months if there was declared revenue in that declaration period.
If no sales were declared , the refund is issued within 180 days .
Corporate Income Tax Refund
Firms registered in Poland are mandated to pay corporate income tax (CIT). The procedure for CIT refund involves these stages :
Timely submission of tax reports : The corporate income tax declaration (CIT) must be filed by March 31 of the year following the reporting period .
Using the online platform : The CIT declaration is filed through the KAS website .
Applying for a refund: The company applies for a refund of excess tax paid through the report .
If the application for a refund is considered correct , the tax authority will provide compensation within the established timeframes .
Consulting with Tax Specialists
Given the complexity of the tax system in Poland, numerous organizations and citizens turn to help of professional advisors.
Tax consultants can support taxpayers optimize their refunds and lower their tax obligations.
Our firm , assists with any matters related to tax procedures and defends the interests of clients before the tax administration of Poland. If you have any questions , feel free to reach out at:
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