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Analytics show that Polish VAT gap shrunk significantly: PKO BP officer

The head of the Market Strategy Bureau of PKO bank Mariusz Adamiak said that “computing the VAT gap is not an obvious matter, nevertheless, the estimates of reputed analytics centres such as PwC consulting firm and the Centre for Socio-economic Analyses… show that over the span of the last five years the gap in Poland has shrunk significantly, nearly halving.”

Mr Adamak told the Polish Press Agency that “it is beyond any doubt that the improvement of tax collection and limiting frauds contributed significantly to the improvement of the fiscal situation of Poland reflected in the smallest budget deficit for 2019 recorded since the beginning of the transformation.” He added that another sign of such a good situation was the “fall in public debt despite the significant increase of social spendings.”

The PKO officer said that the shrinking of the VAT gap could not be associated with tax incomes as they depended not only on tax collection but also on the face value and the structure of economic turnover.

According to Mr Adamak, a series of governmental and treasury actions contributed to the improvement of tax collection and the limiting of the scale of frauds. These actions included the fuel package, the STIR system, the SENT system, the so-called white list of VAT taxpayers and also the introduction of a mechanism of dividend payment or the Single Audit Files.

Mr Adamiak also credited the increased efficiency of the tax office which deterred potential criminals.

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