Post by account_disabled on Oct 28, 2023 6:17:31 GMT -5
In such a case, company X will report such sales in JPK with the marking B_MPV_PROWIZJA Settlement of vouchers – summary Settlement of vouchers is not an easy task, especially because different regulations apply to VAT and PIT. Additionally, different rules apply to single and multi purpose vouchers, in particular when it comes to VAT. In the case of SPV vouchers, tax liability arises upon the issue and transfer of the voucher. However, in the case of MPV vouchers, only upon delivery of goods or services. In the case of vouchers for various purposes, if the voucher is not used in whole or in part, there is no need to settle VAT on all or part of it.
This approach is confirmed by the tax authorities in the interpretations they issue. However, when it comes to settlement under PIT, the tax office treats the purchase of a voucher on the same principles as the settlement of an advance payment. This means that revenue is philippines photo editor generated when the delivery/service is provided. It should be emphasized that vouchers are most often purchased by consumers, which generally means the obligation to register them at the cash register. If an entrepreneur has a cash register, he or she may take advantage of the provision that in the case of advance payments, the date of receipt of income is considered to be the date of payment.
However, in the case of vouchers for various purposes, we do not know the net amount of the transaction at the time of purchase of the voucher, so this option cannot be used. Entrepreneurs who have chosen exemption from registering at the cash register will also not take advantage of this option. Revenue is recognized at the net amount of the nominal value of the voucher, regardless of whether the vouchers are used or not. This rule applies to both single use and multi purpose vouchers.
This approach is confirmed by the tax authorities in the interpretations they issue. However, when it comes to settlement under PIT, the tax office treats the purchase of a voucher on the same principles as the settlement of an advance payment. This means that revenue is philippines photo editor generated when the delivery/service is provided. It should be emphasized that vouchers are most often purchased by consumers, which generally means the obligation to register them at the cash register. If an entrepreneur has a cash register, he or she may take advantage of the provision that in the case of advance payments, the date of receipt of income is considered to be the date of payment.
However, in the case of vouchers for various purposes, we do not know the net amount of the transaction at the time of purchase of the voucher, so this option cannot be used. Entrepreneurs who have chosen exemption from registering at the cash register will also not take advantage of this option. Revenue is recognized at the net amount of the nominal value of the voucher, regardless of whether the vouchers are used or not. This rule applies to both single use and multi purpose vouchers.