Poland: Optional cash method for small enterprises, postponement of mandatory e-invoicing system
Reports on two recent tax legislation-related developments
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November 7, 2024
Recent legislation-related developments include the following:
- Legislation introducing the option for businesses with revenue in the previous tax year not in excess of PLN 1 million to elect the cash method in accounting for costs and revenues (referred to as “cash PIT”) effective beginning in 2025 was published in the Polish Journal of Laws on October 30, 2024.
- A preliminary paper on a bill amending the law to postpone the mandatory use of the national electronic invoicing (e-invoicing) system (KSeF) proposes a gradual introduction of the mandatory use of KSeF, starting from February 1, 2026, for businesses with a turnover exceeding PLN 200 million in 2025, and from April 1, 2026, for other taxpayers. Certain requirements related to the scheme, such as the need to provide a KSeF number when settling e-invoices and penalties for non-compliance with KSeF obligations, would be deferred until July 31, 2026. Furthermore, it would be possible to use the system in offline mode until the end of 2026 or to use it for issuing consumer invoices. “Digitally excluded” taxable persons will be allowed to issue invoices in the current form until September 30, 2026. The bill also aims to clarify provisions on the use of data from KSeF by National Revenue Administration bodies.
Read a November 2024 report prepared by the KPMG member firm in Poland