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

Split Payment Mechanism: Extension, Uses, and Benefits for VAT in Poland - Leinonen
June 19, 2025

Split Payment Mechanism: Extension, Uses, and Benefits for VAT in Poland

In early 2025, the split payment mechanism in Poland was extended until February 2028. First introduced in 2019, this anti-fraud measure appears to have been…

Continue reading
December 9, 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
November 18, 2024

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