Further amendments to VAT

1-11-2009

At the next Sejm session the governmental draft of the act amending the act on VAT tax will be read for the first time. The government plans to increase the limit of turnover which gives taxpayers the right to exemption from tax on goods and services up to PLN 150.000. It is the council of ministers’ belief that this should facilitate conducting of economic activity by taxpayers having little turnover. The amendments are to have positive impact on the development of small businesses.
Contact: Lech Gniady,

lg@pnplaw.pl

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