KSeF. Change of date. Andrzej Domański, Minister of Finance: our predecessors planted a mine in the Polish economy

Minister of Finance Andrzej Domański announced at Tuesday's press conference that the government had adopted a draft amendment to the Act on the National e-Invoice System. – We plan that the mandatory e-invoice system will come into force on February 1, 2026 – he announced.

According to the head of the Ministry of Finance, the National e-Invoice System (KSeF) prepared by the previous government contained errors. – Our predecessors de facto laid a mine on the Polish economy – said Domański.

– The e-invoice system was absolutely unprepared to be implemented from July 1, 2024. The audit we conducted at the Ministry of Finance clearly shows that numerous errors and omissions were made at the stage of design and work on the National e-Invoice System (KSeF). . Therefore, it is de facto necessary to start the work again and create a new architecture – explained the minister.

The National e-Invoice System, which is used to issue, transmit and store invoices, is currently voluntary. According to the currently applicable regulations, it was to enter into force as a mandatory system for some entrepreneurs from July 1, 2024 (for others – from January 1, 2025). The bill adopted by the government moves, among other things, date of entry into force of the mandatory KSeF. From February 1, 2026, KSeF is to be mandatory for companies with a turnover exceeding PLN 200 million, and for others – from April 1, 2026.

Previously, the Ministry of Finance announced that in order to ensure the postponement of the date of entry into force of the mandatory KSeF, it is necessary to develop a draft act and urgently carry out the legislative process to ensure its announcement before July 1, 2024 (i.e. before the entry into force of the Act of June 16 2023 implementing the mandatory KSeF).

Minister of Finance Andrzej Domański also announced that the government on Tuesday adopted the Multiannual State Financial Plan for 2024-2027.

– We assume that the Polish economy will grow at a rate of 3.1 percent this year, and in 2025 this growth will accelerate even further, to 3.7 percent, thus the Polish economy will be one of the fastest growing EU economies – added the minister. and recalled that in 2023, GDP growth amounted to 0.2%.

He explained that due to changes in EU fiscal rules, there was no need to prepare an update of the convergence plan, as was the case so far.

The minister also announced the establishment of a Fiscal Council, which will review and monitor budget implementation and review macroeconomic forecasts. – Poland is the last country in the EU that has not established such a council. It will include specialists in public finance, macroeconomics and budget management – explained Domański. He emphasized that Council members “must be independent, they must represent a wide range of economic stakeholders.”

– I would like the members of the Fiscal Council to be appointed by the Social Dialogue Council. The Council will have an office and analytical facilities, he pointed out.

– In the Multiannual Financial Plan, we also presented assumptions regarding changes, or rather updates, of the Stabilizing Expenditure Rule. We know that our predecessors did a lot to avoid the Stabilizing Expenditure Rule, which put public finances on a dangerous path, said the head of the Ministry of Finance.

– In accordance with the Public Debt Management Strategy adopted by the previous government, the true trajectory of public debt indicated exceeding the level of 60 percent of debt to GDP already in 2026. We will repair public finances systematically, step by step, we will increase transparency, (…) and We will continue to work to ensure that public finances are in a stable and good condition, he added.