Relief for young people and child relief: As indicated by Małgorzata Samborska, a tax advisor at Grant Thornton, a taxpayer who is less than 26 years old and uses the so -called relief for young people, has the right to a “additional return” for children's relief – we read at taxes.gov.pl. The expert indicates what needs to be done in this case.
“Few people know about it”: “Relief on young vs. relief on kid. Taxpayer until 26 years of age With revenues exclusively exempt from PIT, he can take advantage of the child's relief up to the amount of ZUS contributions and health contributions, but must submit PIT and select 'additional return' – – I'm writing On the platform X Małgorzata Samoborska, and tax advisor Jakub Matejek adds that “few people know about it, and this is a very favorable institution.”
Young tax exempt: Let us remind you that people who are under 26 years of age are tax exempt up to PLN 85,528 in a tax year up to the amount of up to PLN 85,528. However, they must obtain revenues from:
- work (i.e. from the employment relationship, cooperative employment, service relationship, performance work),
- commission contracts concluded with the company,
- title of graduate practice (regulated by the Act on graduate practices)
- title of a student internship (regulated by the Act – Educational Law),
- maternity allowance.
“Additional phrase”: Social security contributions that a taxpayer who is less than 26 years old “paid from the exempt income is not deductible from income.” “Social and health insurance contributions can be used for 'additional return' from the relief for children” – explains the tax office. Let's add that Annual relief per child is PLN 1112.04.
See also: Tax refund You can get faster. More in the text “The tax office has started a tax refund. You will get the money faster if you do one thing”.
Source: taxes.gov.pl, X