The tax system in Poland is regarded as multifaceted , which is why taxpayers are interested in methods of tax overpayment adjustment.
Reimbursement of paid taxes in Poland are available for both citizens and organizations. The key reason for requesting a refund is overpayment of taxes , which can occur in different situations. corporate income tax return When is a tax refund possible?
There are several situations where an individual has the right to a refund of taxes:
Excessive tax payment : In many cases, taxpayers pay more taxes because of mistakes in their declarations .
Tax deductions and discounts : Certain deductions can lower the tax burden , which in turn provides grounds for a tax refund .
Change in circumstances : If the tax status of a taxpayer varies during the year, this can alter the amount of taxation, resulting in the possibility of a reimbursement .
VAT Refund
Firms registered for VAT purposes may claim compensation for VAT on certain expenses . To obtain a refund, it is necessary to comply with the following procedures :
Maintaining up-to-date reporting: The VAT declaration must be submitted on a monthly basis within 25 days after the end of the month .
Filing online : Declarations are submitted through the internet through the website of the Polish tax administration (KAS).
VAT Refund Procedure : An organization may file for a VAT refund through its monthly reporting . The tax authority will compensate the overpaid VAT .
VAT Refund Timeframes
VAT reimbursement timeframes depend on various circumstances:
If the refund is applied for to the organization’s tax account, the money is reimbursed within 25 days.
Refunds to the company’s bank account are made within 60 days if sales were declared in that reporting period .
If there was no revenue, the reimbursement is made within half a year.
Corporate Tax Reimbursement
Firms registered in Poland are mandated to pay corporate income tax (CIT). The process of corporate tax refund involves these stages :
Timely filing of the tax declaration : The corporate income tax declaration (CIT) must be submitted by March 31 of the year following the reporting period .
Using the online platform : The report is sent through the KAS website .
Applying for a refund: The firm submits for a refund of tax overpayment through the form.
If the declaration for a refund is considered correct , the tax authority will provide compensation within the established timeframes .
Support from Tax Consultants
Understanding the complexity of the tax system in Poland, many residents and firms seek assistance of professional advisors.
Tax experts can help individuals and legal entities optimize their refunds and lower their tax obligations.
Our company, providing tax services , provides help with all issues related to taxation and defends the interests of clients before the tax administration of Poland. If you have any need further clarification , write to us at:
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