Buying Property in Poland
The Definitive Guide to
Buying Polish Property

VAT

This is a list of how often and where the term 'VAT' appears in the book Buying Property in Poland.


Search result for 'VAT' in Buying Property in Poland

"...Bureaucracy is rife in Poland and needs to be understood if you are carrying out a real estate transaction that requires certain documents to be changed. Its effects can be felt in almost every part of life. VAT receipts can only be issued by the seller when he has full details of the buyer including their company name, address, registration number and tax number. ..."
48.
"... by the nature of business you are operating. Apply for any licences that may be required for the business you are operating. Register with the tax office for VAT. All this complexity did not come out of the blue. Its roots can be found in the socialist post-war decades when jobs were hard ..."

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Chapter 15: Buying Off-Plan
"...When you consider the various quotes check carefully that VAT is included (the quote will be marked brutto). Also test the companies to see if they are hiding costs such as rubbish clearance, transport or delivery, accessories like glue and so on. The easiest way to do this is to ask them to state in writing that the final ..."

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"...As in most countries the purchase price of the real estate does not represent the total amount you will need to budget for. Other considerations should include agency fees, solicitor fees, the cost of translating documents, purchase tax and court fees. On new developments VAT is also payable and not all builders include this in their pricing despite it being a considerable on cost. ..."
12.
"... TABLE IS A GRAPHIC AND IS NOT INCLUDED IN THIS PREVIEW VERSION] On new builds there is also VAT to pay on the purchase price if it has not already been included by the developer and a larger land registry fee (see below). - Agency Fees - The majority of agents charge buyers a fee when ..."
21.
"... will act for you under power of attorney (see Chapter 12). For the witnessing solicitor (called a notary in Poland) the fee is set in law and is based on the value of the property not including VAT. It is calculated as follows: 1,010 zloty + VAT (22%) for the first 60,000 zlotys of the ..."
23.
"... fee is set in law and is based on the value of the property not including VAT. It is calculated as follows: 1,010 zloty + VAT (22%) for the first 60,000 zlotys of the purchase price 0.5% + VAT (22%) of the purchase price which is above 60,000 zlotys but less than 1,000,000 zlotys 0.25% + ..."
24.
"... as follows: 1,010 zloty + VAT (22%) for the first 60,000 zlotys of the purchase price 0.5% + VAT (22%) of the purchase price which is above 60,000 zlotys but less than 1,000,000 zlotys 0.25% + VAT (22%) of the purchase price that is above 1,000,000 zlotys For the solicitor who ..."
25.
"... price 0.5% + VAT (22%) of the purchase price which is above 60,000 zlotys but less than 1,000,000 zlotys 0.25% + VAT (22%) of the purchase price that is above 1,000,000 zlotys For the solicitor who acts on your behalf expect to pay around 6,000 zlotys for a standard residential ..."
54.
"... 100,000 zloty. So for a 300,000 zloty apartment the fee would be calculated as follows: 20% of (6,600 + (5% of 200,000)) = 3,320 zloty - VAT - For off-plan properties the sale falls under the VAT category of Construction and Repair Services Relating to Housing. As such VAT is due at ..."
"...For off-plan properties the sale falls under the VAT category of Construction and Repair Services Relating to Housing. As such VAT is due at the reduced rate of 7%. A government plan to increase VAT to 22% on residential properties larger than 150 square metres and single family houses larger than 300 square metres was to come into ..."
57.
"... VAT at 22% is payable on all goods and services including those of solicitors, estate agents, and builders. Be aware that these parties often quote without VAT and this is made more confusing because the figures are marked netto. Quotes that include VAT will have the word brutto next to the total. ..."
58.
"... VAT will have the word brutto next to the total. There is no VAT to pay on properties offered on the secondary market except where these are used for business purposes (in exact terms where the property was used for VATable activities). - Post Transaction Costs and Fees - - Personal ..."

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