The taxation system in Poland is regarded as multifaceted , due to which taxpayers seek understanding of methods of tax reimbursement .
Tax refunds in Poland are can be obtained for both individuals and companies . The main reason for seeking a refund is overpayment of taxes , that happens for various reasons . tax return in poland In what cases is a tax refund possible?
There are a few cases where an individual can claim reimbursement of taxes:
Excessive tax payment : Frequently , taxpayers overpay taxes because of mistakes in their declarations .
Favorable tax conditions: Certain allowances can lower the taxable base , which in turn creates the conditions for a tax refund .
Change in circumstances : If the income of a taxpayer fluctuates during the year, this can affect the amount of taxation, resulting in the possibility of a refund of overpaid taxes .
VAT Refund Process
Organizations recognized for VAT purposes may receive reimbursement of VAT on specific costs . To obtain a refund, it is necessary to fulfill the following conditions :
Timely submission of reports : The VAT declaration must be filed monthly within 25 days the end of the accounting period.
Using the online platform : Reports are submitted through the internet via the portal of the Polish tax office (KAS).
VAT Refund Application: A company can claim a VAT refund in its monthly declaration . The tax authority will refund the refund amount.
How quickly is VAT refunded?
VAT reimbursement timeframes change depending on certain conditions :
If the refund is requested to a tax account , the money is reimbursed within 25 days .
Reimbursement to a bank account occur within 60 calendar days if sales were declared in that reporting period .
In the absence of sales , the reimbursement is made within 180 days .
Corporate Tax Reimbursement
Companies registered in Poland are mandated to contribute corporate income tax (CIT). The corporate tax reimbursement process involves the following steps :
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 .
Filing online : The tax form is sent through the tax office portal .
Requesting a tax refund : The company applies for a refund of excess tax paid through the report .
If the request for a refund is deemed valid , the tax office will issue the refund within the agreed timeframe .
Consulting with Tax Specialists
Understanding the complexity of the taxation system in Poland, numerous organizations and citizens seek assistance of professional advisors.
Tax specialists can assist companies and individuals maximize their refunds and lower their tax obligations.
Our firm , provides help with various aspects related to taxation and acts on behalf of clients before the tax office of Poland. If you have any questions , please contact us at:
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