The Methodological description
Pursuant to the Act on the basis of which the index is announced, the price of 1 sq m of usable floor area of a (residential) building is understood as average outlays for the whole country incurred by investors for the construction of multi-dwelling residential buildings per 1 sq m of the usable floor area of a building, calculated as an average weighted by usable floor area of residential buildings completed in particular voivodships.
The determination of the index takes into account outlays incurred for the construction of new residential buildings (other than one-dwelling buildings and residences for communities) by investors other than individual ones. The notion of individual investors includes investors constructing residential buildings for their own use as well as foundations, churches and religious associations. The value of the outlay consists of overall costs incurred till the moment of the completion of a building.
Data on outlays incurred for the construction of new residential buildings, their usable floor area, number of dwellings (including finishing by future users) and their usable floor area as well as data on the starting and commissioning date of construction of the building and its location are submitted by investors on the B-09 form. This survey is obligatory.
Place, form and date of publishing (taking frequency into consideration)
- Official Journal of Statistic Poland - announcement of the President of Statistic Poland – within 50 to 60 days after the quarter for which the index is calculated, ie: February 20-28 - for the fourth quarter of the previous year, May 20-31 - for the first quarter of this year, August 20-31 - for the second quarter of this year and November 20-30 - for the third quarter of the current year. - Legal basis
Person providing methodological explanation
In order to obtain information on how to use the price index of 1 sq m of usable floor area of a residential building to obtain a VAT taxes refund for building materials, you should contact the tax office.