The taxation system in Poland is known to be multifaceted , thus residents are interested in methods of tax refund .
Tax refunds in Poland are available for both private persons and organizations. The key reason for requesting a refund is paying more than necessary, that happens in different situations. corporate income tax refund When is a tax refund possible?
There are a few cases where an individual has the right to reimbursement of taxes:
Overpayment of taxes : In many cases, taxpayers pay more taxes as a result of incorrect calculations in their declarations .
Tax deductions and discounts : Specific deductions can lead to the taxable base , which in turn makes it possible to adjustment.
Change in circumstances : If the tax status of a taxpayer varies during the year, this can affect the amount of taxation, resulting in the possibility of a refund of overpaid taxes .
VAT Refund
Organizations recognized for VAT may request compensation for VAT on specific costs . To request a refund, it is necessary to comply with the following procedures :
Timely filing of declarations : The VAT declaration must be filed on a monthly basis within 25 calendar days the end of the accounting period.
Using the online platform : Reports are submitted through the internet on the website of the Polish tax authority (KAS).
VAT Refund Procedure : An organization may claim a VAT refund in its monthly declaration . The tax authority will reimburse the refund amount.
VAT Refund Timeframes
VAT reimbursement timeframes depend on certain conditions :
If the refund is applied for to the organization’s tax account, the money is reimbursed within 25 days .
Reimbursement to a bank account are paid out within 60 calendar days if there was declared revenue in that reporting period .
If there was no revenue, the compensation is issued within half a year.
Corporate Tax Reimbursement
Polish legal entities are obligated to contribute corporate income tax (CIT). The procedure for CIT refund involves these stages :
Timely presentation of the report: The corporate income tax declaration (CIT) must be filed by the end of March of the year following the reporting period .
Using the online platform : The report is filed through the tax office portal .
Filing for reimbursement : The organization files for a refund of excess tax paid through the form.
If the request for a refund is deemed valid , the tax authority will return the money within the set period.
Support from Tax Consultants
Given the complexity of the tax system in Poland, numerous organizations and citizens use the support of professional advisors.
Tax consultants can support individuals and legal entities maximize their refunds and lower their tax obligations.
Our firm , offers support with various aspects related to tax procedures and represents the interests of clients before the tax authorities of Poland. If you have any want to consult, please contact us at:
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