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

Temporary reduction of VAT tax rates from February 01, 2022

Temporary reduction of VAT tax rates from February 01, 2022

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Date26 Jan 2022
December 07, 2021 The European Council for Economic and Financial Affairs (ECOFIN), consisting of economic and finance ministers from all European Union member states, has prepared an amendment to the VAT directive. The new regulations allow member states to reduce VAT rates on certain products, such as groceries and fuel....
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Should the recapitalization of a company be reported as a tax scheme?

Should the recapitalization of a company be reported as a tax scheme?

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Date20 Jan 2022
Doing business in a constantly changing market requires a high degree of flexibility and the ability to react quickly and adequately to emerging difficulties, but also to spot opportunities for development. Regardless of the size of the company – such flexibility often requires adequate financial security. Both when it comes...
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Changes in Polish labour law 2022

Changes in Polish labour law 2022

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Date22 Dec 2021
Minimum wage In 2022 the minimum wage will amount to PLN 3,010 gross. The increase will affect the amount of certain benefits under the employment relationship, such as the allowance for night work, the minimum amount of the basis of calculation of sick pay and the amount exempt from any...
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Polish Deal – Changes in Polish Personal Income Tax (PIT)

Polish Deal – Changes in Polish Personal Income Tax (PIT)

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Date13 Dec 2021
On November 15, 2021 the President signed into law the Act of 29 October 2021 amending the Personal Income Tax Act, the Corporate Income Tax Act and certain other acts (Polish Journal of Laws 2021, item 2105), which is part of the program known as the “Polish Deal” and introduces...
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Last updated: 13.12.2021
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