The tax regulations changes and the impact on business activities - BCC members and invited guests discuss the VAT white list and the flat-rate system for farmers
The experts invited to the debate: Sławomir Podkówka - the director of the Tax Administration Chamber in Kielce, Iwona Janik-Wronę- the head of the Tax Office in Włoszczowa, Edyta Kwiatkowska-Woźniak- head of the Tax Office in Pińczów, Anita Graca - the chief tax expert of the Tax Office in Busko-Zdrój and Piotr Meusnik - deputy Tax Office in Jędrzejów.
The meeting was opened by initial address of Andrzej Mochoń phD., the Chancellor of the Świętokrzyskie Chapter of Business Centre Club who presented a short summary of the 17th edition of the competition "Entrepreneur Friendly Tax Office". The following speakers: Paweł Łaski, president of the Swietokrzyskie Innovativeness and Technology Transfer Centre who presented the main tasks of this institution and the principles of its cooperation with the Świętokrzyskie Chapter of Business Centre Club BCC.
Iwona Janik-Wrona presented tax law provisions changes entering into force at the turn of 2019 and 2020. She discussed, the VAT whitelist, split payment mechanism obligations, binding rate information, individual bank accounts, new VAT matrices and flat-rate scheme for farmers.
The presentation were followed with the discussion regarding the impact of changes on entrepreneurs' activities . One hand, it was found that the new regulations would result in increased workload of the companies’ financial and accounting services, but on the other hand the white list would allow verification of the contractors credibility. The meeting participants also discussed changes in the personal income tax - the introduction of a zero PIT rate for young taxpayers. It was found that in many cases the tax exemption mobilized young people to undertake additional work in various legal forms.
We would like to remind you that starting 1 September 2019, the VAT payers list information, i.e. the abovementioned white list becomes an official document. The system makes it possible for entrepreneurs to verify whether a contractor is an active VAT payer and to which bank account number the amount due should be paid. Additionally, if a business entity is removed from the taxpayer register, the legal basis for such decisions are also published. The list is kept by the head of the National Tax Administration and available on the website of the Ministry of Finance and in CEIDG.