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Poland Clarifies VAT Reduction for Basic Foods Products and Other Aspects of Anti-Inflation Shield 2.0

31 January 2022

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Approved Changes

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Poland

The Polish Ministry of Finance has issued a release on the "Anti-Inflation Shield 2.0" package, noting that the package has been adopted by the Sejm. As previously reported, the measures of the second package include the following from 1 February to 31 July 2022: The VAT rate on fuel is reduced from 23% to 8%; A VAT zero rate is provided for: basic foods products gas (natural gas); and fertilizer for agricultural production; The 5% VAT rate for electricity is extended; and The VAT rate on heating (thermal energy) is further reduced from 8% to 5%. The release provides further...