Poland's government has announced that it will end the 0% VAT rate on food that was introduced two years ago to help soften the blow of soaring inflation. The finance ministry argues that the recent slowing of price rises renders the measure no longer necessary....
VAT
Poland’s deficit almost 60% lower than budgeted in 2022
“”We have survived the plagues of Egypt,” says the prime minister, referring to the impact of the pandemic and war in Ukraine.
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Poland records EU’s second-largest improvement in VAT collection
Poland closed its VAT gap by 9.1 percentage points between 2016 and 2020, equal with Hungary and behind only Latvia.
Supermarket chains cut prices in Poland following suspension of VAT
Discounters Lidl and Aldi have become the first to announce price drops in response to the government’s “anti-inflation shield”.
Poland busts largest ever VAT fraud operation, which issued one billion zloty of fake invoices
The illegal operation sold fake invoices worth more than one billion zloty.
Poland among top three EU countries in closing VAT gap
But experts warn that the coronavirus crisis could undo some of the progress.