VAT Director Rob Janering comments on the SAF-T changes in Poland at International Tax Review.
Multinational enterprises (MNEs) are struggling to manage the string of changes being implemented in Poland and elsewhere in the European Union (EU). On April 1 2020, large taxpayers will be required to submit an extended SAF-T that combines the existing VAT return and SAF-T ‘VAT register’.
The requirement has been delayed from the initial effective date of January 1 2020, meaning that taxpayers have been given an extended timeframe to implement changes. However, the scope of the existing SAF-T file will be widened to capture a larger amount of data while businesses have to juggle other changes in the country.
A global indirect tax director of an automotive technology company said that going through the second phase of SAF-T in Poland is “painful”. Added to this is the pressure to deliver other reporting obligations in other countries, such as Making Tax Digital (MTD) in the UK, Spain’s Suministro Inmediato de Información(SII) version two, etc.
“It’s difficult to have all the resources to focus on individual measures,” said the global indirect tax director.
The Polish authorities have defined “large businesses” as those with over 250 employees or annual turnover exceeding €50 million ($55.2 million). All businesses will have to comply from July 1.
“Full details on what will be required in the new SAF-T were only released a few days ago and businesses and advisers are still digesting them,” said Rob Janering, VAT director at Accordance VAT.