Polish Tax Administration goes even more digital – National E-Invoicing System
On 5 February, the Polish Ministry of Finance published a draft law (currently in public consultation) on the so-called National E-Invoicing System. The key feature of the system is to allow tax payers to generate invoices using their ERP systems and subsequently to send them to the National E-Invoicing System. The system will mark the invoice with relevant information (a stamp) on the time and number making the invoice reporting in real time.
According to the MoF representatives, the main benefits for tax payers are:
- certainty that the invoice was delivered to the contractor,
- safety, the e-invoice will not be damaged or lost, because it will be stored in the system (no duplicates will have to be issued),
- a shortened VAT refund time from 60 to 40 days.
According to the draft law, the new system will firstly be voluntary and should be available for taxpayers as soon as October 2021. However, the MoF has already announced that it plans to make the system obligatory, probably as of 2023.
The new proposal and system – if implemented – will mark another step (after implementing SAF-T and e-financial statements) in increasing the tax transparency of taxpayers towards tax authorities and allowing for the real-time processing and effective control over VAT settlements.