"Cashless taxpayer” - a new program in Poland

The Ministry of Finance announced that from 2022, companies that carry out most of their transactions in the cashless system will be able to use the program entitled "Cashless taxpayer". There will be two packages “silver” and “gold”. In short, as part of the "Silver" package, the taxpayer will get a discount for a payment terminal, under the "Gold" package, the discount will be double, and the waiting time for a VAT refund will be shortened from 60 to 15 days. The Ministry of Finance in Poland offers entrepreneurs the Cashless Taxpayer program. The company that obtains it will benefit from the fastest VAT refund in Europe. The money will be in their accounts within a maximum of 15 days. Therefore, the project will include a new terminal allowance and a VAT refund within a maximum of 15 days. For the first two years, as part of the pilot, the package will be available to those who receive 65% of revenues settled at the cash register by card or via mobile devices. Later, this threshold will increase to 80%. As part of the "Gold" package, the same allowance for the terminal as in the "Silver" package will be available for an indefinite period, its annual limit will increase from PLN 1,000. PLN up to 2,000 PLN, will also be deducted twice. More details are as follows.

• Beginner's silver package:

The silver package is an offer for those who are just starting to use cashless payments.  The taxpayer will be able to obtain a concession for the terminal - expenses for the purchase of the terminal and the handling of transactions will be double deductible. So once as a tax-deductible cost and the second time as a tax credit. The maximum amount of deductible expenses is PLN 1,000. PLN per year, so it will be possible to deduct 2 thousand. PLN per year. It is meant to be an offer for those who did not use the terminal or did not incur its servicing costs before. The period for using the discount is two years.

• The gold package:

Those who decide to use payment terminals will be able to count on further preferences under the so-called gold package. For the government, the cashless taxpayer will be a premium customer. It will be offered to him a tax deduction doubled in the amount and limit for the terminal, which means that he will be able to deduct PLN 3 for every zloty he spends on the terminal and the cost of handling transactions. The amount to be deducted will be up to PLN 2,000. PLN per year. The "Gold" package is addressed to companies that will obtain the status of a cashless taxpayer. In order to use it, an entrepreneur must, however, meet three conditions:

1. be a retailer, which means that 80 percent of his customers are consumers;
2. achieve sales recorded on an online cash register of at least PLN 50,000 PLN per month;
3. be "cashless", i.e. accept most payments in a cashless company.

The status of the non-cash taxpayer will be verified automatically using the data from the online cash register and JPK_VAT files, so the entrepreneur will not have to deal with additional formalities due to the willingness to use the package. The only thing that the non-cash taxpayer will have to do is to mark the appropriate checkbox in the monthly JPK file. The rest of the formalities will be dealt with by the tax office. The tax office will independently compare the data from the online cash register with the information from the JPK file and will return it on its own, without formalities, without the risk of control, without information obligations on the part of the entrepreneur - announces the deputy minister.