Who is small taxpayer in 2019?

 Who is a small taxpayer (2019)?

According to Art. 2 paragraph 25 of the Goods and Services Tax Act of March 11, 2004, the small taxpayer is a taxpayer for goods and services (VAT taxpayer):

• whose sales revenues (together with the amount of output VAT) did not exceed the PLN equivalent of EUR 1,200,000 in the previous tax year

• who manages a brokerage company, investment funds, alternative investment funds, works as an agent, contractor or other person providing similarservices with the exception of the commission, if the amount of the commission or other forms of remuneration for the services rendered (including the amount of tax) did not exceed the amount in PLN equivalent to 45,000 EUR in previous tax year

• if the recalculation of the amounts expressed in euros is made at the average euro exchange rate announced by the National Bank of Poland on the first business day of October of the previous tax year, rounded up to 1,000 PLN.

A small taxpayer in 2019

A small taxpayer in 2019 is a taxpayer:

• whose sales revenues (including VAT) did not exceed PLN 5,135,000 in 2018

• whose commission (in the case of managing a brokerage company or investment fund) did not exceed PLN 193,000 in 2018.