Polish SAF-T regime delayed until January 2020
VAT returns will not be abolished until early next year
18 June, 2019
Poland extended the deadline to implement the extended SAF-T files that were meant to fully replace VAT returns. Last July 2018 Polish tax authorities announced plans to replace the current VAT return with a new version of SAF-T files. Such new Polish SAF-T version would include additional data such as carry forward amounts, VAT refund regimes and other information currently available only in the periodic VAT return form.
Two implementation dates proposed
Last 7 June, the Polish authorities delayed the implementation date from 1 July 2019 to 1 January 2020. This date only applies to large taxpayers, smaller businesses will get a further extension until 1 July 2020. The following conditions should be met in order to be considered as a large taxpayer in Poland. These conditions take into account the global business, so even foreign companies with only a VAT registration will be required to meet the January deadline if their global activity and infrastructure falls within the following scope:
- More than 250 employees
- More than 50 million PLN turnover and more than 43 million PLN in annual balance sheet.
These numbers are rather low for multinational companies registered for VAT in Poland. We do not expect a transition period where penalties are ´relaxed´, so we recommend anticipating the work and finding a solution to this obligation before the year end period.
Small businesses not falling under these conditions, for example, foreign distance sellers registered for VAT in Poland who do not exceed such thresholds, can continue to submit VAT returns and standard SAF-T files until July 2020.
Penalties for not meeting the new Polish SAF-T deadline
Failure to submit Polish SAF-T files or reporting of wrong information in these files to the Polish tax authorities is subject to a penalty of 500 PLN.
How can Marosa help you?
Marosa has a dedicated software to produce Polish SAF-T files from a simple Excel template that can be completed with data extracted from your ERP. We handle your Polish VAT compliance with an end to end , in-house, service including the preparation and submission with our digital certificate and fiscal representation with our local entity, Marosa Poland.
Contact us to get help with the new Polish SAF-T files.