Post by account_disabled on Nov 4, 2023 9:05:15 GMT 2
Terminal relief – explanations from the Ministry of Finance Entrepreneurs had doubts about the wording "An entrepreneur may deduct expenses for the purchase of a payment terminal and expenses related to the processing of payment transactions using a payment terminal incurred in the tax year in which he started accepting payments using a payment terminal and in the year following that year." Namely, the issue is whether the expenses must be incurred in two tax years to be eligible for the relief, or whether it is enough for the entrepreneur to incur such an expense in one tax year.
Dziennik Gazeta Prawna asked the Ministry of Finance this question. As you can read in its pages, the answer philippines photo editor provided shows that the relief can also be used when the entrepreneur incurs the expenditure on the purchase of the terminal only in one tax year. Example The entrepreneur, an active VAT payer, incurred expenses for operating a payment terminal in the amount of PLN , net in and meets the conditions for using the terminal relief. In accordance with the applicable rules, in this case the entrepreneur is entitled to a relief of PLN.
This means that for the costs will include an amount of PLN , and in the annual tax return the tax base will be further reduced by the amount of relief of PLN , . Such settlement does not affect whether the entrepreneur will benefit from the terminal relief in or not. Terminal relief – summary For the first time, the returns submitted for could include settlements of the terminal relief, so it is not surprising that doubts arise as to the correctness of its application. New regulations very often raise justified concerns about whether we will interpret them correctly.
Dziennik Gazeta Prawna asked the Ministry of Finance this question. As you can read in its pages, the answer philippines photo editor provided shows that the relief can also be used when the entrepreneur incurs the expenditure on the purchase of the terminal only in one tax year. Example The entrepreneur, an active VAT payer, incurred expenses for operating a payment terminal in the amount of PLN , net in and meets the conditions for using the terminal relief. In accordance with the applicable rules, in this case the entrepreneur is entitled to a relief of PLN.
This means that for the costs will include an amount of PLN , and in the annual tax return the tax base will be further reduced by the amount of relief of PLN , . Such settlement does not affect whether the entrepreneur will benefit from the terminal relief in or not. Terminal relief – summary For the first time, the returns submitted for could include settlements of the terminal relief, so it is not surprising that doubts arise as to the correctness of its application. New regulations very often raise justified concerns about whether we will interpret them correctly.