Amendments to VAT bill could prove costly

According to the budget bill, revenues from VAT are to amount to over zł.68 billion this year. Rzeczpospolita has learned, however, that if all amendments proposed by opposition parties had been accepted, the revenues would have fallen by zł.2.5 billion. As only some of the recommendations were passed, budget revenues will be lower by approximately zł.1 billion. These revenues could fall by another zł.4 billion if the government accepts an amendment to the bill concerning the way entrepreneurs pay VAT. The Finance Ministry announced that it would try its best to convince the Senate to reject the opposition deputies' amendments to the bill. (Rzeczpospolita, p. A1) A.K.