“Senators approve amendment to VAT regime and new benefit for village leaders”

On Thursday (May 11), senators supported, among others, the amendment to the Act on the Slim VAT 3 package, which is to simplify and speed up VAT settlements.

The document increases the sales value limit (from EUR 1.2 million to EUR 2 million), below which a taxpayer is classified as a small taxpayer, introduces adjustments to the tax due in the TAX FREE system and regulates the rules for determining the conversion rate for correcting invoices when the invoice was issued in foreign currency.

What’s more, it is with this amendment that the government withdraws from the tax on charitable collections. The act was adopted with clarification amendments, therefore it will return to the debates of the Sejmbefore it possibly goes to the signature of President Andrzej Duda.

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In addition, the Senate in Thursday’s vote supported the bill on benefits for village leaders. Thanks to it, people who have performed the above-mentioned function for at least eight years are to receive a pension supplement in the amount of PLN 300 per month.

An additional condition is age, in the case of women at least 60 years old, men – at least 65 years old. The senators, however, tabled amendments which, among other things, increase the amount of the benefit for village leaders with the longest seniority. Therefore, as in the case of the Slim VAT 3 Act, the matter will return to the Sejm.

What does it mean? The statute assumes that the decision on determining the location for pumped-storage power plants will be issued regardless of whether there is a local spatial development plan. She will also return to the session of the Sejm.