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

The failure of the tax avoidance regulations

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Date21 Nov 2014
Embarrassing government mistakes in legislation, after new regulations on tax avoidance law were passed and signed by Parliament and the President on 17th September, 2014. The Government Legislation Centre had two weeks to publish this law, to enable the new legislation to come into effect next year, but the publication...
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The Future Inflation Index (WPI)

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Date19 Nov 2014
The Future Inflation Index (WPI) prognoses decreased again in November. Data shows that prices of goods and services in the upcoming months will decrease by 0.2% compared to October.

NBP’s vision for the economic development of Poland

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Date19 Nov 2014
In November, experts from NBP’s (Narodowy Bank Polski) Economic Institute presented their vision for the economic development of Poland, projecting inflation and GDP. In general the report shows that inflation and GDP will be lower than the figures forecast in July.

Poland’s economic indicators

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Date19 Nov 2014
Poland’s economic indicators 2014 Unemployment rate (%) Inflation / Year (%) Industrial production (%) September 8.7 -0.2 1.9 August 8.8 -0.1 0.3 July 8.9 – 2.4 June 9.1 0.3 1.8 May 9.2 0.3 2.1 April 9.4 0.3 5.6 March 9.6 0.6 5.5 February 9.8 0.7 5.3 January 9.9 0.6 6.5...
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Increased contributions for self-employed and business owners

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Date19 Nov 2014
Social security payments for self-employed and business owners will be increased by 5.9% next year. This is because the average earnings will rise to PLN 3,966.00 in 2015, according to the draft budget provided by the government. Unlike employees, for which social security contributions depends on the amount of their...
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Duties of the employer to pensioners

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Date14 Nov 2014
The employer is obligated to collect and store all documentation necessary for granting payments of pensions. If there are any irregularities by drawing up certificates, or the collecting and managing of documents, the employer bears the complete responsibility. For example: If an incorrectly completed certification would lead to the pensioners...
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HLB International network

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Date05 Nov 2014
HLB International is a leading network of independent professional accounting firms and business advisers with member firms well-established locally and mostly ranked among the top 12 nationally. Inspired for more than 40 years in over 130 countries, their 1,900 partners and 19,000 staff generate in excess of $1.9 billion in...
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Stamp duty in case of power of attorney

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Date04 Nov 2014
Stamp duty is levied when filing and depositing documents to confirm the power of attorney, registered commercial power of attorney, an executed copy or excerpt in the context of public administration or legal proceedings. This was stressed by the Polish Finance Minister in his general comments on October 13, 2014...
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Inflation in September 2014

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Date03 Nov 2014
In September prices for consumer goods and services recorded flat growth against the previous month, according to estimations of the Polish Statistical Office (GUS). Significant parameters were lower prices for fuel (1%), which offset higher prices (1.1%) in clothing and shoes, this was in line with the expectations of the...
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Last updated: 13.12.2021
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