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Tuesday, September 28, 2021

Polish Order – changes in taxes, draft act. Conference of the Minister of Finance Tadeusz Kościński

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The Minister of Finance, Tadeusz Kościński, announced that the draft tax act, which is part of the Polish Deal, is ready. He indicated that the tax changes will be favorable or neutral for 90 percent of taxpayers, or 23 million people. He added that nine million people will stop paying PIT, thanks to which Poles will have 8 billion zlotys in their wallets. The project includes, among other things, a tax-free amount of up to PLN 30,000.

– We are starting public consultations on a great tax reform. It will consist of three packages. The first package is the most important one that will transform the tax system towards more fairness. It will include, first of all, a significant, historic, unprecedented increase in the tax-free amount, but also changes in the health insurance contribution, a 40 percent increase in the second progression threshold and changes in simplified forms of taxation – Deputy Minister Jan Sarnowski began translating the assumptions of the tax changes.

More information coming soon.

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Polish Order – the most important assumptions of the program

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The Polish Order is a new socio-economic program for the post-pandemic period, endorsed by the parties forming the United Right. Its foundations are 7 percent. GDP for health; tax reduction for 18 million Poles (including tax-free amount up to PLN 30 thousand and raising the tax threshold from PLN 85.5 thousand to PLN 120 thousand), investments that will generate PLN 500 thousand. new jobs, apartments without own contribution and a house up to 70 m2 without formalities, as well as a pension without tax up to PLN 2,500.

Main photo source: tvn24



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