Correction of revenue and cost

Entrepreneurs and accountants would be glad to hear about the changes concerning the filing of CIT and PIT declarations. There would be a new solution for the settlement of the correcting invoice and other documents of corrective income and expenses for tax purposes.

Settlement adjustment of the tax base CIT and PIT will take place in the current period.

This means the end of corrections tax declarations from previous years and payment liabilities including interest for late payment.

These changes will simplify the business tax settlements without making modification to the financial statements.

Recent Posts

4 days ago

BUSINESS IN POLAND

COMPANY ESTABLISHMENT To guarantee easier market access and gain trust in Poland, it is recommended to establish a legal entity. The critical step is to…

Continue reading
August 23, 2024

Understanding the Mobility Package: A Comprehensive Guide for Professional Drivers

The Mobility Package, a set of regulations introduced by the European Parliament in July 2020, has brought significant changes to the transportation industry. These changes…

Continue reading
August 15, 2024

Managing Public Holidays in Poland as an Employer

Poland’s convenient location at the centre of the EU, and the workforce’s reputation as committed and reliable employees with a great work ethic make it…

Continue reading