Accounting, HR, Payroll, Tax & Legal news from Poland

Minimum wage increases in 2025

Minimum wage increases in 2025

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Date17 Oct 2024
The Polish government has announced new minimum wage rates that will go into effect on January 1, 2025. These changes will have a significant impact on both employees and employers. The new regulation provides for an increase in the minimum wage and hourly rate, in response to the projected rise...
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Simplified or full accounting for e-commerce?

Simplified or full accounting for e-commerce? How to make the right choice

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Date14 Oct 2024
Owners of e-commerce businesses and individuals selling products on platforms like Amazon, Allegro, or Etsy must decide which accounting system to choose — simplified or full. This decision is crucial for managing a company’s finances and taxes. Before making a choice, it’s important to understand the differences between these two...
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Deposit system – new VAT settlement rules from 2025

Deposit system – new VAT settlement rules from 2025

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Date10 Oct 2024
A new deposit system will come into effect in Poland on January 1, 2025. As a result, reverse vending machines for returning bottles may become a permanent feature in many stores. The new system aims to improve recycling efficiency in Poland, enhance environmental protection, and provide additional income opportunities for...
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National Bank of Poland interest rates in October 2024

National Bank of Poland interest rates in October 2024

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Date04 Oct 2024
On October 1-2, 2024, the Monetary Policy Council held a meeting during which it decided to keep the interest rates unchanged. Current National Bank of Poland interest rates: reference rate at 5.75% on an annual basis lombard rate at 6.25% on an annual basis deposit rate at 5.25% on an...
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Amendment of the Copyright Act with the President’s Signature

Amendment of the Copyright Act with the President’s Signature

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Date27 Sep 2024
On August 14, President Andrzej Duda signed a major amendment to the Copyright and Related Rights Act, which marks the most substantial changes in this area in 30 years. These changes adapt the Polish legal framework to the current challenges of the media, arts, and culture market and implement EU...
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AI Act: A new legal framework for Artificial Intelligence in Europe

AI Act: A new legal framework for Artificial Intelligence in Europe

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Date26 Sep 2024
The introduction of the EU AI Act (Artificial Intelligence Act) marks a milestone in the regulation of the development and use of artificial intelligence (AI) in Europe. The Act entered into force on 1 August 2024 and aims to establish a legal framework that supports innovation while ensuring the safety...
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Rules for VAT refund from Germany

Rules for VAT refund from Germany

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Date20 Sep 2024
A VAT refund from Germany is an essential aspect for entrepreneurs making purchases in this country. This process is regulated by the Council Directive 2008/9/EC of 12 February 2008, which lays down the detailed rules for the refund of value-added tax (VAT) within the European Union. Who can apply for...
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Last updated: 13.12.2021
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