Tax Refund in Poland: What You Need to Know

The tax system in Poland is regarded as complex , thus residents are interested in methods of tax reimbursement .

Adjustment of overpaid taxes in Poland are possible for both individuals and companies . The main reason for requesting a refund is paying more than necessary, arising due to various circumstances . corporate income tax return When is a tax refund possible?

There are several situations where an individual may be entitled to a refund of taxes:
Excessive tax payment : In many cases, taxpayers pay more taxes as a result of incorrect calculations in their declarations .
Tax deductions and discounts : Certain deductions can lead to the tax burden , which in turn provides grounds for a tax refund .

Change in financial situation : If the income of a taxpayer varies during the year, this can alter the amount of taxation, resulting in the possibility of a refund of overpaid taxes .
VAT Refund
Companies registered for VAT purposes may request compensation for VAT on certain expenses . To apply for a refund, a company must fulfill the following conditions :
Timely filing of declarations : The VAT declaration must be submitted monthly within 25 calendar days the end of the accounting period.

Submitting reports electronically: Declarations are filed online through the website of the Polish tax administration (KAS).

VAT Refund Request : An organization may request a VAT refund via its monthly VAT return. The tax authority will reimburse the difference between input and output VAT .

VAT Refund Timeframes
The time it takes to refund VAT depend on various circumstances:
If the refund is requested to the company’s tax account , the refund is issued within 25 days .
Compensation to a bank account are made within 60 calendar days if there was declared revenue in that month .
In the absence of sales , the compensation is issued within half a year.

Corporate Tax Reimbursement
Polish legal entities are mandated to remit corporate income tax (CIT). The corporate tax reimbursement process involves the following steps :
Timely filing of the tax declaration : The corporate income tax declaration (CIT) must be submitted by the 31st of March of the year in the year following the reporting year .
Filing online : The CIT declaration is sent through the tax office portal .

Applying for a refund: The company applies for a refund of tax overpayment through the CIT declaration .
If the declaration for a refund is deemed valid , the tax authority will return the money within the agreed timeframe .

Advice from Tax Experts
Acknowledging the intricacies of the taxation system in Poland, many residents and firms seek assistance of tax experts .
Tax consultants can help taxpayers increase their refunds and minimize their tax burden .

The company specializing in tax matters, offers support with all issues related to tax procedures and represents the interests of clients before the tax administration of Poland. If you have any need further clarification , feel free to reach out at:

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