The tax system in Poland is considered complex , which is why taxpayers are interested in methods of tax overpayment adjustment.
Reimbursement of paid taxes in Poland are possible for both individuals and legal entities . The key reason for requesting a refund is overpayment of taxes , which can occur in different situations. VAT tax refund When is a tax refund possible?
There are several situations where an individual can claim compensation of taxes:
Excessive taxation: Frequently , taxpayers excessively pay taxes as a result of incorrect calculations in their reports .
Favorable tax conditions: Particular deductions can reduce the amount of tax liability, which in turn creates the conditions for reimbursement .
Change in financial situation : If the financial situation of a taxpayer fluctuates during the year, this can affect the amount of taxation, resulting in the possibility of a reimbursement .
VAT Refund
Companies recognized for VAT may receive a VAT refund on certain expenses . To apply for a refund, it is necessary to fulfill the following conditions :
Maintaining up-to-date reporting: VAT return must be provided on a monthly basis within 25 days after the end of the month .
Submitting reports electronically: Tax documents are sent via the web through the website of the Polish tax office (KAS).
VAT Refund Application: A firm is entitled to file for a VAT refund in its monthly declaration . The tax authority will reimburse the difference between input and output VAT .
VAT Refund Timeframes
VAT reimbursement timeframes depend on certain conditions :
If the application is made to the organization’s tax account, the funds are returned within 25 days .
Refunds to the company’s bank account are made within two months if there was declared revenue in that reporting period .
In the absence of sales , the reimbursement is made within half a year.
Corporate Tax Reimbursement
Firms registered in Poland are obligated to contribute corporate income tax (CIT). The procedure for CIT refund involves the following steps :
Timely filing of the tax declaration : The corporate income tax declaration (CIT) must be submitted by March 31 of the year of the next calendar year.
Using the online platform : The CIT declaration is sent through the tax office portal .
Requesting a tax refund : The organization files for a refund of overpaid tax through the CIT declaration .
If the declaration for a refund is deemed valid , the tax office will provide compensation within the established timeframes .
Advice from Tax Experts
Given the complexity of the tax regime in Poland, many residents and firms seek assistance of tax experts .
Tax experts can assist taxpayers optimize their refunds and lower their tax obligations.
Our company, providing tax services , offers support with any matters related to tax procedures and defends the interests of clients before the tax administration of Poland. If you have any questions , please contact us at:
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