Tag: VAT

Poland’s Budget Deficit Looms Large: Electoral Promises and Foreign Debt Pose Risks

This year, the budget deficit could reach high levels, possibly approaching 200 billion złoty. Generous electoral promises have been made, such as the continuation...

UK to Implement New Border Checks for Food Imports

As of January 31, the rules and requirements regarding goods imported onto the British market will change, with some now requiring certificates. The newly...

Central banks hold rates steady, signaling delay in rate cuts

Today, the European Central Bank did not lower interest rates. Similarly, the Federal Reserve (FED) is expected to keep rates unchanged next week. Poland's...

Legal changes in cross-border trade: how will they affect Polish e-commerce in 2024?

CESOP, DAC7 directive and SUP- these are some of the most significant legal changes that e-sellers will have to adapt. What provisions regarding cross-border...

Inflation Slows But Remains Above Target in Poland

Inflation in Poland is decelerating quickly, but the pace of annual growth has halted slightly above 6 percent. Considering the base effect, i.e., high...

National E-Invoicing System (KSeF) will not launch in July. Ministry of Finance: Errors detected in the system

The saga related to the mandatory KSeF continues. As early as December, the Ministry of Finance informed that the July date would be kept....

Global Risks Report 2024 Highlights Major Concerns for the Next Decade

The "Global Risks Report 2024" has identified two economic factors - inflation and the expected economic slowdown - as some of the key global...

Experts Weigh In on Tax Changes of 2023

The new tax scale and higher tax-free amount are highlighted as positive changes over the last year by notable economists, tax advisors, and lawyers....

Retail Prices in Poland to Continue Rising in Q1 2024

In the first quarter of this year, retail prices will continue to rise, but at a slower pace than the previous year. However, Poles...

Retail Prices Expected to Rise Moderately in Q1, But Easter and VAT Hike Could Fuel Further Increases

The first quarter in retail stores is expected to be relatively stable. Year on year Prices will rise by an average of 6-8 percent. The...

Store Prices to Continue Rising in First Quarter of 2024

According to experts, prices in stores will continue to rise in the first quarter of this year, though probably at a slower annual rate...

KSeF in the TSL industry: Dead creation or revolution?

After many years of preparation, the National e-Invoice System (KseF) will finally become widespread, and the first group of companies will be obliged to...

Oil Price Plunge: Relief for Drivers, But Gas Stations May Take Time to Respond

On St. Nicholas Day, we might not have received the gift of cheaper loans from the Monetary Policy Council, but a reduction in oil...

Interest rates in Poland remain unchanged

Interest rates in Poland have remained unchanged. As forecasted in the last NBP conference, they are likely to stay in "stand-by" mode until the...
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