This includes donations to entities conducting medical activities that are listed in the register prepared by the director of the relevant provincial branch of the National Health Fund (NFZ). (This means that you can also support the Bolesławiec county hospital.)
Every PIT and CIT taxpayer will be able to deduct from the tax base (income):
- 200% of the donation’s value if it is transferred by 30 April 2020.
- 150% of the donation’s value for payments made in May.
- 100% of the donation’s value for those transferred between June and September 2020.
Additionally, from 1 February to 31 August, a zero VAT rate applies to the following donations made to hospitals included in the register:
- medical devices
- medicinal products and active substances
- biocidal products (disinfectants only)
- laboratory glassware and laboratory equipment
- diagnostic tests
- personal protective equipment (masks, face shields/protective visors, goggles, safety glasses, coveralls, shoe covers, caps and gloves only).
The 0% VAT rate may be applied provided that a written agreement is concluded between the donor and the recipient, stating that the supplied goods will be used to combat COVID-19. For donations made between 1 February and 25 March 2020, written confirmation of the donation’s transfer is sufficient.
What are the benefits for taxpayers?
- deduction of donations made before the act entered into force
- application of a multiplier to the donation’s value
- the possibility for PIT taxpayers paying 19% flat-rate tax and those paying lump-sum tax on recorded income to deduct donations
- donation deductions may be included when calculating current advance payments, already in 2020 (for individuals, this applies to income from business activity, leases or tenancy)
- the preference for in-kind donations also applies to VAT.
Please note! It is very important to document monetary donations. This should be proof of payment into the recipient’s payment or bank account.