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VAT proportion (pro-rata)
In the VAT return for the first settlement period of a given tax year (month or quarter), taxpayers engaged in both VAT-able and VAT exempt activities are required to determine the amount of input VAT deductible for the previous year in respect of so-called mixed purchases (i.e. purchases related to both taxable and exempt sales).
This involves, in particular, calculating the VAT pro-rata coefficient (współczynnik VAT) and applying both the annual and multi-year input VAT adjustments based on that coefficient.
Our offer:
Our service offer includes:
- developing an input VAT deduction methodology based on the VAT pro-rata coefficient;
- calculating the amount of input VAT eligible for deduction;
- reviewing expenditure to determine its direct allocation to either taxable or exempt activities (direct attribution analysis);
- developing a multi-year adjustment methodology (capital goods scheme) applicable to high-value fixed assets.