The tax regime in Poland is regarded as multifaceted , which is why residents often inquire about methods of tax overpayment adjustment.
Reimbursement of paid taxes in Poland are available for both private persons and organizations. The main reason for applying for reimbursement is paying more than necessary, arising in different situations. corporate income tax refund Under what conditions is a tax refund possible?
There are a few cases where a taxpayer can claim reimbursement of taxes:
Overpayment of taxes : Frequently , taxpayers pay more taxes because of mistakes in their tax documents.
Favorable tax conditions: Specific deductions can reduce the taxable base , which in turn makes it possible to a tax refund .
Change in financial situation : If the tax status of a taxpayer fluctuates during the year, this can affect their tax liability , resulting in the possibility of a refund of overpaid taxes .
VAT Refund
Companies registered for VAT may claim compensation for VAT on specific costs . To obtain a refund, it is necessary to fulfill the following conditions :
Timely filing of declarations : VAT return must be provided on a monthly basis within 25 days after the end of the reporting period .
Using the online platform : Declarations are submitted through the internet on the website of the Polish tax administration (KAS).
VAT Refund Request : An organization may claim a VAT refund via its monthly VAT return. The tax authority will refund the difference between input and output VAT .
Time for VAT Reimbursement
The time for VAT refunds change depending on certain conditions :
If the application is made to the organization’s tax account, the funds are returned within 25 days.
Compensation to a bank account occur within two months if sales were declared in that declaration period.
If no sales were declared , the compensation is refunded within 180 days .
Corporate Tax Reimbursement
Polish legal entities are required to contribute corporate income tax (CIT). The procedure for CIT refund involves certain steps:
Timely presentation of the report: The corporate income tax declaration (CIT) must be filed by the end of March of the year in the year following the reporting year .
Electronic submission of the declaration: The CIT declaration is sent through the KAS platform.
Filing for reimbursement : The company applies for a refund of excess tax paid through the report .
If the request for a refund is considered correct , the tax authority will return the money within the established timeframes .
Advice from Tax Experts
Understanding the complexity of the tax regime in Poland, numerous organizations and citizens use the support of professional advisors.
Tax experts can help individuals and legal entities maximize their refunds and minimize their tax burden .
Our company, providing tax services , provides help with all issues related to tax reporting and acts on behalf of clients before the tax office of Poland. If you have any questions , write to us at:
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