The taxation system in Poland is known to be complex , thus taxpayers seek understanding of the possibilities of tax refund .
Tax refunds in Poland are available for both individuals and companies . The main reason for applying for reimbursement is paying more than necessary, arising for various reasons . tax return in poland When is a tax refund possible?
There are several situations where a resident may be entitled to reimbursement of taxes:
Excessive tax payment : Frequently , taxpayers pay more taxes because of mistakes in their tax documents.
Deductions and allowances : Certain deductions can lead to the tax burden , which in turn provides grounds for a tax refund .
Change in status: If the financial situation of a taxpayer changes during the year, this can affect their tax burden , resulting in the possibility of a reimbursement .
Reimbursement of Value Added Tax
Firms registered for in the VAT system may request compensation for VAT on certain expenses . To request a refund, it is necessary to adhere to the following rules:
Timely submission of reports : VAT report must be filed every month within 25 days the end of the reporting period .
Filing online : Declarations are submitted through the internet on the website of the Polish tax office (KAS).
VAT Refund Request : A firm is entitled to claim a VAT refund via its monthly VAT return. The tax authority will compensate the refund amount.
How quickly is VAT refunded?
The time for VAT refunds depend on certain conditions :
If the refund is applied for to the company’s tax account , the funds are returned within 25 days.
Reimbursement to a bank account are made within 60 days if there was declared revenue in that month .
If there was no revenue, the reimbursement is refunded within 180 days .
CIT Refund
Companies registered in Poland are mandated to remit corporate income tax (CIT). The process of corporate tax refund involves these stages :
Timely submission of tax reports : 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 CIT declaration is sent through the tax office portal .
Filing for reimbursement : The company applies for a refund of overpaid tax through the form.
If the request for a refund is meets the conditions, the KAS will return the money within the set period.
Advice from Tax Experts
Understanding the complexity of the taxation system in Poland, numerous organizations and citizens turn to help of tax consultants .
Tax experts can support individuals and legal entities increase their refunds and reduce their tax liabilities .
The company specializing in tax matters, provides help with any matters related to taxation and represents the interests of clients before the tax administration of Poland. If you have any questions , please contact us at:
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