The decision to extend the zero VAT rate on food products should be made in April, Minister of Finance Magdalena Rzeczkowska said on ZET radio. She added that keeping the zero tax is likely.
“There is no certainty, but it is likely,” Minister Magdalena Rzeczkowska answered the question of ZET radio about the extension of the zero VAT rate on food.
Zero VAT on food. decision in April
As a reminder, at the beginning of this year, the anti-inflationary shield was terminated, and therefore VAT on gas, electricity, fuel and system heat returned to its previous levels. However, the zero VAT rate on food products has been preserved, which will be valid until June 30 of the current year.
“Let’s see how inflation behaves, what will be the general position of the Poles, and then we will make a decision,” said Rzeczkowska and added that a decision on this issue would be made in April.
Ministry accidentally released information
Although there is no specific declaration from the Ministry of Finance yet, the Ministry of Finance disclosed some plans by accident. The Ministry of Finance announced that zero VAT on food will be extended until the end of this year. This information, as noted by Rzeczpospolita, was published by the Ministry in the prospectus of the emission program dated March 17 of this year. – Some measures implemented under anti-inflation shields expired at the end of 2022, but the zero VAT rate on basic foodstuffs was extended until the end of 2023 – indicated in the prospectus.
On Wednesday, Deputy Finance Minister Artur Soboň was also asked if the zero VAT rate on food in the Tłit program in Wirtualna Polska would be extended until the end of the year. “This is a very likely scenario,” he said.
Source: Wprost
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