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Higher VAT rates in Poland to be sustained

25.08.2022 22:00
The higher VAT rates of 23% and 8% currently in force in Poland will remain in effect for at least one more year - Rzeczpospolita
Deputy finance minister Artur Soboń
Deputy finance minister Artur SobońPAP/Piotr Nowak

The government is planning to keep the higher VAT rates of 23% and 8% (as opposed to 22% and 7%) for another year at least.

The deputy minister for finance Artur Soboń said on Thursday that the unstable economic situation does not permit a return to the normal rates of 22% and 7%. He said the higher rates were required by current additional expenditures on military, in view of Russian's invasion of Ukraine. 

The government has prepared a bill to permit the extension of the higher VAT rates as long as the defence budget exceeds 3% of Poland's GDP.

Source: Rzeczpospolita

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