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Poland-European Union

13 October 2021

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Council Implementing Decision Published Authorizing Poland's VAT Threshold

A Council Implementing Decision was published in the Official Journal of the EU on 11 October 2021 that authorizes Poland to continue to derogate from Article 287 of the VAT Directive (2006/112/EC) by allowing Poland to exempt from VAT, taxable persons whose annual turnover is no higher than the equivalent in national currency of EUR 40,000. Previously authorized until 31 December 2021, the Decision authorizes Poland to continue to apply the EUR 40,000 equivalent threshold until 31 December 2024. The Decision also notes that with effect from 1 January 2025, all EU member states are authorized to implement a VAT threshold of up to EUR 85,000 as provided by Council Directive (EU) 2020/285 and, therefore, Poland's EUR 40,000 equivalent threshold would continue to be allowed from that date.

Note, the VAT exemption/registration threshold currently applied in Poland for smaller businesses is PLN 200,000 in annual sales, which is not based on the actual current exchange rate equivalent of EUR 40,000.

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