The tax system in Poland is considered complex , due to which residents are interested in methods of tax refund .
Adjustment of overpaid taxes in Poland are possible for both individuals and organizations. The key reason for seeking a refund is excessive payment , arising due to various circumstances . corporate income tax refund In what cases is a tax refund possible?
There are several situations where an individual can claim reimbursement of taxes:
Excessive taxation: In many cases, taxpayers pay more taxes due to errors in their declarations .
Deductions and allowances : Particular allowances can reduce the taxable base , which in turn makes it possible to a tax refund .
Change in financial situation : If the financial situation of a taxpayer varies during the year, this can adjust their tax burden , resulting in the possibility of a refund of overpaid taxes .
VAT Refund Process
Organizations registered for VAT purposes may request a VAT refund on certain expenses . To request a refund, a company must adhere to the following rules:
Timely filing of declarations : VAT report must be filed on a monthly basis within 25 days the end of the reporting period .
Filing online : Reports are submitted through the internet through the website of the Polish tax authority (KAS).
VAT Refund Request : A firm is entitled to file for a VAT refund in its monthly declaration . The tax authority will reimburse the overpaid VAT .
Time for VAT Reimbursement
VAT reimbursement timeframes may vary a number of factors :
If the refund is requested to the organization’s tax account, the funds are returned within 25 days .
Compensation to a bank account are made within 60 calendar days if sales were declared in that reporting period .
In the absence of sales , the refund is issued within six months .
CIT Refund
Firms registered in Poland are obligated to pay corporate income tax (CIT). The procedure for CIT refund involves these stages :
Timely submission of tax reports : The corporate income tax declaration (CIT) must be filed by the 31st of March of the year following the reporting period .
Using the online platform : The report is filed through the KAS platform.
Requesting a tax refund : The company applies for a refund of tax overpayment through the form.
If the request for a refund is meets the conditions, the tax office will issue the refund within the agreed timeframe .
Support from Tax Consultants
Understanding the complexity of the tax regime in Poland, many residents and firms seek assistance of professional advisors.
Tax specialists can assist individuals and legal entities increase their refunds and reduce their tax liabilities .
Our firm , offers support with various aspects related to tax reporting and acts on behalf of clients before the tax authorities of Poland. If you have any want to consult, write to us at:
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