Category : Service-Tax

Export of goods - VAT rate and no customs documents

Export of goods - VAT rate and no customs documents

In the case of exporting goods outside the EU, it is important to determine the appropriate VAT rate for this type of transaction. Is it possible to use the 0% VAT rate? What to do when there are no customs documents? You will find the answer in our article!

Taxation of income from the sale of IP BOX copyrights

Taxation of income from the sale of IP BOX copyrights

A constantly developing economy requires a lot of effort from technology companies. Companies that sell copyrights may benefit from tax preferences. Check for taxation of income from the sale of copyright.

Individual tax account - the most important information

Individual tax account - the most important information

Taxpayers regulating their tax liabilities due to PIT, CIT and VAT from January 1st must use an individual tax account for these purposes. The changes introduced are aimed at eliminating payment errors. Check how it works!

Extension of the deadline for VAT deduction - amendment to the VAT Act

Extension of the deadline for VAT deduction - amendment to the VAT Act

Who will benefit from the changes introduced from 2021 in the SLIM VAT package? Will the extension of the deadline for VAT deduction apply to all entrepreneurs? Check what changes may happen to taxpayers from the new year and what they will consist of!

Donation to fight the coronavirus - how to settle the money donated to the fundraiser

Donation to fight the coronavirus - how to settle the money donated to the fundraiser

The outbreak of the coronavirus epidemic has put a strain on the health service. Due to this fact, the Siepomaga Foundation organized a fundraiser to equip hospitals. Read the article and check how the coronavirus donation should be accounted for!

Lump sum rates on recorded revenues

Lump sum rates on recorded revenues

One of the simplest forms of income tax settlement is a lump sum on registered income. Lump sum rates vary and depend on the type of economic activity. Check who can pay the flat tax and at what rates!

Early termination of the leasing contract - tax consequences

Early termination of the leasing contract - tax consequences

Entrepreneurs more and more often decide to use equipment or a car financed on the basis of leasing. Read the article and find out what are the consequences of early termination of the leasing contract on the basis of PIT and VAT.

Purchased equipment for the duration of remote work - settlement of the company and the employee

Purchased equipment for the duration of remote work - settlement of the company and the employee

Due to the ongoing coronavirus pandemic, some employees have switched to remote work. Read the article and check whether the purchased equipment for the time of remote work of an employee can be treated as an expense for the company and income for the employee!

How to recover funds accumulated on the VAT account? Good to know!

How to recover funds accumulated on the VAT account? Good to know!

Funds deposited in the VAT account may be disposed of in a strictly defined manner, e.g. for the payment of tax liabilities or social security contributions. You can also apply for a VAT refund, do you know how to recover funds accumulated in the VAT account?

VAT for a passenger car - limitations on the deduction

VAT for a passenger car - limitations on the deduction

You can deduct VAT on a passenger car depending on the form of its use. Vehicles used in a mixed manner - in business and privately - are considered differently than those used exclusively in the company. Check!

Company contribution - worth knowing!

Company contribution - worth knowing!

Entrepreneur, are you thinking about making a contribution in kind? Do you have doubts about the effects of the transfer in terms of income tax and value added tax? Read and check how the enterprise contribution works!

Car rental for a foreign contractor - from the seller's side

Car rental for a foreign contractor - from the seller's side

Renting a car for a foreign contractor is one of the transactions with which taxpayers often have a problem when it comes to tax settlement. How to correctly settle VAT and PIT in the case of a car rental contract? Find out more!

VAT taxation of service and residential buildings, i.e. the 8% VAT rate

VAT taxation of service and residential buildings, i.e. the 8% VAT rate

Is VAT on service and residential buildings, similarly to the construction and renovation of residential buildings, subject to a preferential tax rate? How to correctly classify a building? Read the article and find out more!

Cash method - small taxpayer invoice settlement

Cash method - small taxpayer invoice settlement

What is and what is the checkout method? Who can be billed in this way? Who is a small taxpayer and for what accounting periods is the taxpayer using the VAT cash method settled? Read the article and learn more about the checkout method!

Are COVID-19 tests for the employee at the employer's expense?

Are COVID-19 tests for the employee at the employer's expense?

The costs of COVID-19 tests for an employee are the costs of the employer, while the financing of tests applies to both full-time and self-employed employees. Read the article and find out how to account for COVID-19 tests in business costs!

Income Loss Insurance - Can It Be a Cost?

Income Loss Insurance - Can It Be a Cost?

Today, many entrepreneurs take out income loss insurance to protect themselves against loss of income. However, can they include this expense in tax deductible costs? read our article on the tax ruling and find out more!

Reasons for removing a taxpayer from the VAT register by the Tax Office (part 2)

Reasons for removing a taxpayer from the VAT register by the Tax Office (part 2)

Taxpayer, have you been removed from the VAT register by the tax office and you do not know why this situation occurred? Read the article and learn about the reasons for removing a taxpayer from the VAT register and the possibility of being reinstated in this register!

Fixed assets under construction - settlement on the basis of VAT and PIT

Fixed assets under construction - settlement on the basis of VAT and PIT

Are you purchasing assets that require renovation, adaptation for use in business or are incomplete at the time of purchase? Check how fixed assets under construction should be depreciated and how their depreciation should look like!

Year-end settlement dates for entrepreneurs

Year-end settlement dates for entrepreneurs

At the end of the tax year, each entrepreneur is required to prepare an annual tax return. Find out when to prepare an entrepreneur's annual declaration and employees' annual declarations! Get to know the settlement dates of entrepreneurs!

R&D relief - what is it and who is entitled to it?

R&D relief - what is it and who is entitled to it?

Entrepreneur, is your activity based on implementing innovations? Check if you are entitled to tax preferences! What is the R&D relief, i.e. the so-called R&D tax relief and who is entitled to? We answer in our article!