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country-icon Pologne

04.20.24

Basic foods VAT re-instatement

Increasing inflation in the country had forced Poland’s hand to impose a 0% VAT on basic food products, down from an initial rate of 5%. Spiralling inflation, contributed in part by the Russia / Ukraine conflict, resulted in increased economic burdens for residents, which in turn compelled the Polish government to reduce the VAT rate.

However, inflation Poland has abated, following a similar paradigm shift seen across the continent. From an initial high of over 18%, it has now reduced to 4%. This directly impacts fiscal policy.

From 1 April 2024, the Polish government will re-impose the 5% VAT rate on all basic food products.

Poland is compliant territory for Tungsten Automation and our e-invoicing solution supports all valid VAT rates in the country.

Tungsten Automation is also planning to accommodate Poland’s upcoming B2B e-invoicing mandate. You can read more about that here.

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