What does a “Polish deal” program, prepared by the Government in Poland entail?

The proposed regulations currently being processed by the Sejm are included in the income tax acts and the VAT regulations. To be a cashless taxpayer it will be mandatory to meet certain conditions: • 80% of customers are to be consumers, • at least 25% of the turnover is to be retail, • at least 65% of sales must be cashless.

The proposed regulations currently being processed by the Sejm are included in the income tax acts and the VAT regulations.

To be a cashless taxpayer it will be mandatory to meet certain conditions:

• 80% of customers are to be consumers,
• at least 25% of the turnover is to be retail,
• at least 65% of sales must be cashless.

Discount for the terminal

As the Ministry of Finance explains, the Polish order provides for the introduction of relief for taxpayers who incurred expenses related to the purchase of a payment terminal and the payment of fees resulting from handling transactions with its use.

The discount for the terminal will cover: interchange fee, the merchant service charge, system fee

New limits for cash payments

According to the assumptions of the discussed project, the regulations concerning the upper thresholds for cash settlements are also to be changed. In relations between entrepreneurs (B2B), non-cash payments will be obligatory for transactions exceeding PLN 8,000. Currently, it is required for payments in excess of PLN 15,000. What's more, the obligation to use a non-cash payment - made by bank transfer or card - will also apply to transactions between consumers and entrepreneurs. According to the provisions of the draft, the method of settling the account is to apply to all B2C transactions, the value of which exceeds PLN 20,000.