The tax system in Poland is considered intricate, which is why residents often inquire about methods of tax reimbursement .
Reimbursement of paid taxes in Poland are available for both citizens and companies . The main reason for applying for reimbursement is excessive payment , arising in different situations. tax return in poland When is a tax refund possible?
There are several situations where a resident can claim compensation of taxes:
Excessive tax payment : Frequently , taxpayers overpay taxes as a result of incorrect calculations in their tax documents.
Favorable tax conditions: Particular deductions can lead to the taxable base , which in turn provides grounds for adjustment.
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 reimbursement .
VAT Refund Process
Organizations recognized for VAT may receive a VAT refund on specific costs . To apply for a refund, it is necessary to adhere to the following rules:
Timely filing of declarations : The VAT declaration must be filed on a monthly basis within 25 days after the end of the month .
Using the online platform : Tax documents are filed online via the portal of the Polish tax authority (KAS).
VAT Refund Request : An organization may claim a VAT refund in its monthly declaration . The tax authority will compensate the overpaid VAT .
VAT Refund Timeframes
VAT reimbursement timeframes may vary various circumstances:
If the application is made to the company’s tax account , the money is reimbursed within 25 days .
Reimbursement to a bank account are paid out within two months if there was declared revenue in that reporting period .
If there was no revenue, the reimbursement is made within six months .
Corporate Income Tax Refund
Firms registered in Poland are obligated to remit 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 the end of March of the year of the next calendar year.
Electronic submission of the declaration: The report is filed through the KAS platform.
Applying for a refund: The organization files for a refund of overpaid tax through the form.
If the request for a refund is meets the conditions, the KAS will issue the refund within the established timeframes .
Consulting with Tax Specialists
Understanding the complexity of the tax regime in Poland, many companies and individuals turn to help of tax experts .
Tax consultants can support companies and individuals increase their refunds and lower their tax obligations.
The company specializing in tax matters, assists with various aspects related to taxation and represents the interests of clients before the tax administration of Poland. If you have any want to consult, write to us at:
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