Biznes, Finanse

Tax Refund in Poland: Key Aspects

The taxation system in Poland is considered multifaceted , due to which individuals and companies often inquire about methods of tax overpayment adjustment.

Reimbursement of paid taxes in Poland are possible for both citizens and organizations. The key reason for requesting a refund is paying more than necessary, which can occur in different situations. corporate income tax return In what cases is a tax refund possible?

There are several situations where a taxpayer can claim reimbursement of taxes:
Excessive tax payment : Often , taxpayers pay more taxes as a result of incorrect calculations in their declarations .
Tax deductions and discounts : Particular discounts can lower the taxable base , which in turn provides grounds for reimbursement .

Change in circumstances : If the tax status of a taxpayer changes during the year, this can affect their tax burden , resulting in the possibility of a adjustment.
VAT Refund
Organizations listed for VAT purposes may claim reimbursement of VAT on certain expenses . To request a refund, a company must comply with the following procedures :
Maintaining up-to-date reporting: The VAT declaration must be provided monthly within 25 days the end of the reporting period .

Submitting reports electronically: Declarations are submitted through the internet through the website of the Polish tax office (KAS).

VAT Refund Application: An organization may request a VAT refund through its monthly reporting . The tax authority will reimburse the refund amount.

VAT Refund Timeframes
VAT reimbursement timeframes may vary a number of factors :
If the refund is applied for to the company’s tax account , the funds are returned within 25 days .
Reimbursement to a bank account occur within 60 days if sales were declared in that reporting period .
If no sales were declared , the refund is made within 180 days .

CIT Refund
Firms registered in Poland are obligated to contribute corporate income tax (CIT). The process of corporate tax refund involves certain steps:
Timely submission of tax reports : The corporate income tax declaration (CIT) must be provided by the end of March of the year of the next calendar year.
Using the online platform : The tax form is submitted via the KAS website .

Requesting a tax refund : The organization files for a refund of overpaid tax through the CIT declaration .
If the application for a refund is deemed valid , the KAS will issue the refund within the established timeframes .

Support from Tax Consultants
Understanding the complexity of the tax regime in Poland, many residents and firms use the support of professional advisors.
Tax specialists can assist individuals and legal entities maximize their refunds and reduce their tax liabilities .

Our firm , provides help with any matters related to tax procedures and defends the interests of clients before the tax office of Poland. If you have any want to consult, write to us at:

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