The taxation system in Poland is regarded as multifaceted , which is why residents are interested in methods of tax refund .
Adjustment of overpaid taxes in Poland are possible for both individuals and companies . The key reason for requesting a refund is paying more than necessary, which can occur for various reasons . tax refund in Poland Under what conditions is a tax refund possible?
There are a number of circumstances where a taxpayer may be entitled to a refund of taxes:
Excessive tax payment : Frequently , taxpayers overpay taxes because of mistakes in their declarations .
Deductions and allowances : Particular discounts can reduce the tax burden , which in turn creates the conditions for reimbursement .
Change in financial situation : If the income of a taxpayer changes during the year, this can adjust the amount of taxation, resulting in the possibility of a reimbursement .
VAT Refund Process
Companies registered for VAT may receive a VAT refund on specific costs . To request a refund, it is necessary to adhere to the following rules:
Timely filing of declarations : The VAT declaration must be provided every month within 25 calendar days the end of the reporting period .
Using the online platform : Reports are submitted through the internet on the website of the Polish tax administration (KAS).
VAT Refund Application: A firm is entitled to file for a VAT refund via its monthly VAT return. The tax authority will compensate the overpaid VAT .
Time for VAT Reimbursement
VAT reimbursement timeframes may vary various circumstances:
If the refund is applied for to a tax account , the funds are returned within 25 days .
Compensation to a bank account are paid out within two months if there was declared revenue in that declaration period.
In the absence of sales , the compensation is made within half a year.
Corporate Tax Reimbursement
Companies registered in Poland are obligated to remit corporate income tax (CIT). The process of corporate tax refund involves these stages :
Timely filing of the tax declaration : The corporate income tax declaration (CIT) must be filed by the 31st of March of the year in the year following the reporting year .
Electronic submission of the declaration: The report is filed through the KAS platform.
Filing for reimbursement : The company applies for a refund of tax overpayment through the form.
If the request for a refund is deemed valid , the tax office will provide compensation within the set period.
Consulting with Tax Specialists
Given the complexity of the tax system in Poland, numerous organizations and citizens use the support of professional advisors.
Tax experts can assist individuals and legal entities increase their refunds and lower their tax obligations.
Our firm , assists with any matters related to tax procedures and defends the interests of clients before the tax administration of Poland. If you have any want to consult, feel free to reach out at:
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