The tax regime in Poland is known to be complex , thus residents often inquire about methods of tax refund .
Adjustment of overpaid taxes in Poland are possible for both individuals and legal entities . The primary reason for requesting a refund is overpayment of taxes , that happens for various reasons . tax refund in Poland Under what conditions is a tax refund possible?
There are a few cases where a resident has the right to a refund of taxes:
Overpayment of taxes : Often , taxpayers overpay taxes as a result of incorrect calculations in their declarations .
Tax deductions and discounts : Certain discounts can lower the tax burden , which in turn makes it possible to reimbursement .
Change in circumstances : If the tax status of a taxpayer varies during the year, this can adjust their tax burden , resulting in the possibility of a refund of overpaid taxes .
Reimbursement of Value Added Tax
Firms registered for in the VAT system may request compensation for VAT on business-related expenditures. To request a refund, it is necessary to adhere to the following rules:
Timely submission of reports : VAT return must be provided on a monthly basis within 25 calendar days the end of the accounting period.
Filing online : Tax documents are sent via the web through the website of the Polish tax office (KAS).
VAT Refund Procedure : An organization may claim a VAT refund in its monthly declaration . 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 refund is applied for to the organization’s tax account, the money is reimbursed within 25 calendar days .
Reimbursement to a bank account are made within 60 days if sales were declared in that reporting period .
If no sales were declared , the compensation is issued within six months .
Corporate Tax Reimbursement
Polish legal entities are mandated to contribute corporate income tax (CIT). The corporate tax reimbursement process involves these stages :
Timely filing of the tax declaration : The corporate income tax declaration (CIT) must be submitted by the 31st of March of the year in the year following the reporting year .
Filing online : The report is submitted via the KAS website .
Applying for a refund: The firm submits for a refund of excess tax paid through the form.
If the request for a refund is meets the conditions, the tax authority will provide compensation within the established timeframes .
Advice from Tax Experts
Acknowledging the intricacies of the tax system in Poland, many residents and firms seek assistance of tax experts .
Tax experts can help taxpayers maximize their refunds and lower their tax obligations.
Our firm , offers support with all issues related to tax reporting and defends the interests of clients before the tax office of Poland. If you have any questions , write to us at:
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