The taxation system in Poland is considered complex , which is why taxpayers seek understanding of the possibilities of tax reimbursement .
Adjustment of overpaid taxes in Poland are available for both citizens and organizations. The main reason for applying for reimbursement is excessive payment , that happens due to various circumstances . VAT tax return Under what conditions is a tax refund possible?
There are a few cases where an individual has the right to compensation of taxes:
Excessive taxation: Often , taxpayers pay more taxes due to errors in their declarations .
Favorable tax conditions: Particular allowances can reduce the tax burden , which in turn creates the conditions for a tax refund .
Change in financial situation : If the financial situation of a taxpayer changes during the year, this can alter the amount of taxation, resulting in the possibility of a adjustment.
VAT Refund Process
Firms recognized for VAT purposes may request a VAT refund on business-related expenditures. To apply for a refund, it is necessary to adhere to the following rules:
Timely filing of declarations : VAT report must be filed monthly within 25 calendar days the end of the accounting period.
Using the online platform : Reports are sent via the web through the website of the Polish tax office (KAS).
VAT Refund Request : An organization may request a VAT refund via its monthly VAT return. The tax authority will refund the refund amount.
Time for VAT Reimbursement
The time it takes to refund VAT depend on certain conditions :
If the application is made to a tax account , the refund is issued within 25 calendar days .
Refunds to the company’s bank account are made within two months if the company declared revenue in that declaration period.
In the absence of sales , the compensation is refunded within 180 days .
CIT Refund
Companies registered in Poland are obligated to contribute corporate income tax (CIT). The procedure for CIT 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 following the reporting period .
Electronic submission of the declaration: The tax form is filed through the KAS platform.
Applying for a refund: The company applies for a refund of excess tax paid through the form.
If the declaration for a refund is deemed valid , the KAS will provide compensation within the agreed timeframe .
Support from Tax Consultants
Understanding the complexity of the taxation system in Poland, many residents and firms seek assistance of professional advisors.
Tax specialists can support individuals and legal entities maximize their refunds and lower their tax obligations.
Our company, providing tax services , provides help with any matters related to tax reporting and defends the interests of clients before the tax authorities of Poland. If you have any want to consult, write to us at:
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