08.19.22

Extension of VAT rate reductions

Anti-inflationary shield 2.0 was introduced to reduce the VAT on certain products and therefore reduce the burden on taxpayers considering recent inflation, which continues to spiral unabated across Europe.

The initial timeline for the reduced VAT rates in Poland within this initiative was due to expire on 30 June 2022. This has now been extended to 31 October 2022.