Monday, March 14, 2016

Revolution in VAT will not – Puls Biznesu

A revolution in the tax on goods and services has been suppressed in the bud. The fact that street. Kielce is analyzed idea to eliminate 8 percent VAT rate, leave 5 percent, a major decrease from 23 to 20 per cent., Said already been deputy finance minister Konrad Raczkowski during the debate “Policy Insight.”

Subject He came last week, when she wrote about the “Rzeczpospolita” as the plans of the government. The Ministry of Finance (MOF) said, however, that the idea never got beyond the conceptual work. I did not come out. “MF is not working on such a solution. There is no pending work related to changes in VAT rates, “- said in a statement the ministry.

From the findings of” PB “that Konrad Raczkowski, who until recently oversaw the departments of taxation, entered vatowskie ideas for prepared under his guidance document “The main solution legal and tax revenues reconstruction of Poland.” He not gained but he never fully accepted the management of the Ministry, although some of the ideas contained in it are implemented. – Same proposed changes in VAT, however, could blow up Law and Justice in the air – says our source from the government circles.

According to the consultants, at first glance, the idea seems attractive for Kowalski. But the devil is in the details. – Superficially it might seem that reducing VAT rates from three to two from the point of view of taxpayers step in the right direction. VAT will be reduced, and the number of reduced rates – in theory businesses and consumers are just waiting for it. On the other hand, the question arises as to which of the new rates will be assigned to products covered by the current rate 8 per cent – highlights Arkadiusz Łagowski, tax adviser at Grant Thorntonie (GT).

We were able to reach prepared by the former deputy finance minister, the idea of ​​a new hand in VAT. Z document that change a lot namieszałaby in the products and services covered by the central VAT rate.

full article in Puls Biznesu or online Puls Biznesu Premium.

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