FISCAL SOLUTIONS...
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Public Poland Author: Kristina Dosen
As announced before, new cash payment limits will be introduced a year later, in January 2024. Changes refer not only to B2B relations but also to B2C. Currently, the limit for entrepreneurs (B2B) in the field of transactions related to their business activity is PLN 15,000. Please read more to find out what happens after January 1st, 2024.
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Content accuracy validation date: 27.12.2022
Content accuracy validation time: 15:10h

From January 2024, this limit will be reduced to PLN 8,000.

The consumer will have to make payments via a bank account when the value of the transaction with the entrepreneur, regardless of the number of payments resulting from it, exceeds PLN 20,000 or the equivalent of this amount. In a situation where the consumer purchases goods or services from the entrepreneur, the limit for cash payments will be PLN 20,000. (B2C)

It is important to state that a taxpayer who fails to comply with the non-cash payment obligation by exceeding the transaction limit will bear negative consequences in terms of income taxes.

 

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