General rules for offsetting and refunding VAT
As a taxpayer, you are entitled to deduct the tax paid in the price of goods and services, i.e. VAT.
You can benefit from the deduction if you meet the following conditions:
- You are a registered active VAT payer;
- The goods or services on which you want to deduct VAT are related to taxable activities, e.g. you buy goods for taxable activities;
- You are in possession of a document giving you the right to deduct VAT (invoice, customs document);
- The expenditure does not relate to goods or services for which the law restricts VAT deduction (e.g. accommodation and catering services purchased for the taxpayer's own needs; expenditure on the purchase and use of a company car, also used for personal purposes - only 50% of VAT may be deducted).
The tax office returns the balance of VAT to the taxpayer's bank account within:
- 60 days - basic deadline;
- 180 days - the deadline is extended if the taxpayer does not report any sales but only purchases in a given accounting period.
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