Cashless Taxpayer Program in Poland

Under the Polish Deal and from the beginning of January 2022, entrepreneurs can use the Cashless Taxpayer program. Just to remind you, this is a proposal for those companies that carry out most of their payment transactions in the cashless system. More on the packages (silver and gold), as follows.

Entrepreneurs can choose one of two packages - silver or gold

1. The SILVER package, i.e. a tax relief for the terminal:

Expenses for purchasing a payment terminal and handling payment transactions are not only included in 100% of tax-deductible costs, but also 100% deducted from income as part of a tax credit. The relief covers several costs related to the handling of payment transactions, such as rental fees, interchange fees, or system fees. The maximum amount of the deduction is PLN 1,000 per year, and in the case of taxpayers exempt from cash registers, it is as much as PLN 2,500. The relief is available to those entrepreneurs who have not accepted cashless payments using terminals for the last year, and those who have used the Cashless Poland program and will continue to accept non-cash payments after the end of the program. Such taxpayers can benefit from the terminal tax relief for up to 2 years since they started to incur the costs of servicing payment transactions.

2. The GOLD package, i.e. a cashless taxpayer

A non-cash taxpayer is a Premium Customer who received two benefits. Higher, indefinite tax relief for the terminal and the fastest VAT refund in the entire European Union. The revolution is that its status is checked monthly / quarterly completely automatically. The only thing the taxpayer has to do is to express the willingness to receive a quick refund by clicking on the checkbox in the JPK file sent for a given period. 

This package includes: 

Tax relief for the terminal in the income tax, which works indefinitely. The deduction is 200%, and the maximum limit is PLN 2,000 per year. This means that for every zloty spent on handling non-cash payments, the taxpayer will reduce income by PLN 3. First, for PLN 1 as a tax-deductible cost, and then for another PLN 2 - as tax relief. An entrepreneur who will be a cashless taxpayer for at least 7 months in the tax year will benefit from the preferential tax relief for the terminal.

The fastest VAT refund in Europe. The funds will appear in the taxpayer's account within a maximum of 15 days. It is 4 times faster VAT refund than the previous standard 60 days. As a result, quick money in the taxpayer's account and a large liquidity benefit.