Split Payment only since July

Split payment, which is the mechanism of divided payments, will only take effect from 1 July 2018, not from April as planned. Such a revision of the Senate was accepted by the SEJM today. The senators changed the date of the split payment, justifying the fact that banks were asked for more time to change. Banks need more time to adapt their IT systems. Split payment is intended to reduce VAT and expedite tax evasion to the Treasury. Read more about split payment here