Revolution in the control of VAT – Polish Radio

The additional revenues of 200 million zł in the first year and 300 million zł in the second counts the Ministry of Finance after the introduction of the Single File Control in settlements of entrepreneurs with tax authorities. In some cases, the new system implies taking very detailed statements from several areas. For failure to file will threaten the responsibility penal duty.

 

– The entrepreneur must be aware that from July 1, failure to change or not to disclose Single File Control, in the case of large enterprises give rise to liability penal and fiscal – says a news agency Newseria Business Piotr Ciski, managing director of the Polish branch of Sage.

 

Electronic forms

 

The introduction of JPK involves the amendment of the Tax Code of September 10, 2015. The new control method is to rely on, among others, on the obligation of taxpayers to transfer data from tax records at the request of the tax authorities in a standardized electronic format.

 

At the beginning of March. The Ministry of Finance will most likely present a final version of the JPK. But all indications are that companies will have to prepare a detailed statement of up to seven areas (accounting records, bank statements, warehouse, records of purchase and sales invoices, tax revenue and expense ledger, records of income).

 

– This will be a process very widespread, affecting all companies and extremely detailed. From what we know today, the analysis will not only tax books, but also information on the unit prices in the warehouse or very detailed data on VAT invoices – says Ciski. – Since the introduction of changes in the VAT in 2010, it is the largest revolution of the control point of view of the tax.

 

More about 200 million zł

 

The Ministry of Finance assumes that by JPK in the first year of the new solution budget revenues will increase by 200 million zł, and during the next twelve months – for the next 300 million zł.

 

The experiences of other countries show that this solution is effective. In Portugal, where JPK was implemented in 2012, VAT revenues during the first twelve months increased by 13 percent. A year later, when introduced central register of invoices, additional revenue increased to 20 percent.

 

– The file, which will be implemented in Poland, corresponds to the standard wypracowanemu in the OECD – informs Peter Ciski. – A similar file was implemented in other countries, apart from Portugal, also in France, Luxembourg and the Netherlands. Our solution will be similar to the version Luxembourg.

 
 
 

Experts stress that JPK not only seal the system, but also reduce the time of inspection, which should reduce the cost of tax administration. Ciski adds that an additional effect of the new solution will also improve the reporting. The information that entrepreneurs will send the JPK, will also go to the statistical office, and therefore it will be possible to centralize all data on economic activity, economic situation, etc.

 

– Today, very strong focus on the element of tax collection, and the issues of economic information are also a very important part of the project – emphasizes Piotr Ciski.

 

In his view, to adapt to the new business solution will not be easy. In many countries the adjustment period was much longer than in Poland. It thus needs a lot of companies to respond more quickly and take appropriate measures to adapt the tools and staff training.

 

– I think that July is the most real – says Piotr Ciski. – The Revenue and administrative apparatus are already prepared for this. Because of that, we expect that the term July 1 will be maintained.

 

Newseria, abo