Free online invoicing software
with KSeF support
The government plans to create a new central inspection body to combat the shadow economy and improve collection of taxes and ZUS contributions. The new institution is intended to combine the powers of the National Revenue Administration (KAS), Social Insurance Institution (ZUS) and National Labour Inspectorate (PIP), enabling more effective inspections and detection of irregularities in businesses.
How will the new inspection body work?
The institution is to use extensive databases and analytical tools to improve information exchange among offices. This will let inspectors select entities more efficiently and identify irregularities such as unrecorded transactions or undeclared employment contracts.
In addition to inspections, the new body will run educational campaigns to increase business owners' awareness of tax and insurance obligations and help minimise unintentional breaches of law.
Accounting that understands your business
Leave your email address and receive guides supporting your business’s growth once a week
Business reaction: concerns and hopes
The planned institution evokes mixed feelings. Many owners fear excessive interference with business and greater difficulty running their firms. The government responds that the body's main aim is to support compliance, rather than punish businesses.
Transparency will be crucial if the new institution is to operate effectively and fairly. Businesses must also have access to reliable information and support to avoid inspection-related problems.
The accounting firm's role in correct settlements
With growing tax requirements and planned changes, the right accounting firm plays a key role. Professional accounting support helps businesses correctly settle taxes and contributions and avoid errors that could cause inspections and sanctions. A good accounting firm offers financial security and a valuable partner in adapting to changing regulations.
Interested in this article? Explore our accounting services and see how we can help:
Summary
Creating a new business inspection office could bring both benefits and challenges. More effective action against the shadow economy may improve the competitiveness of honest firms, while adjusting to new circumstances could require additional effort. To ensure reliable settlements compliant with current regulations, use the professional services of the TaxCoach accounting firm. Our experts will help optimise your taxes, avoid errors and prepare for possible inspections. Explore our services and enjoy peace of mind in business!
Interested in this article?
Enter your email address and once a week you will receive practical materials and tips to help you grow your business.
Book a free consultation
Grow your business with accounting combined with advisory services:
or