Important changes to VAT from 1 April 2020

Liquidation of VAT return forms and introduction of new JPK_VAT (SAF-T) Starting from the VAT settlement for April 2020, large companies will be obliged to replace the traditional VAT-7 return form with a new JPK_VAT (SAF-T; so-called “VDEK”). For other taxpayers, this obligation will apply from the VAT settlement for July 2020. The new regulations do not eliminate VAT tax returns, however, they significantly modify the rules of their preparation and submission. In effect, the rules regulating monthly JPK_VAT submissions will change.