The NBP interest rates remain unchanged
During its meeting on November 7-8, 2023, the Monetary Policy Council decided to leave interest rates unchanged. This decision came as a surprise to economists who had anticipated a further cut of 25 basis points, as in October. The President of the National Bank of Poland, Adam Glapiński, emphasized that the possibility of further potential... Read More →
Changes in occupational health and safety for workstations equipped with computer screens
On November 3, 2023, the Regulation of the Minister of Family and Social Policy of October 18, 2023, amending the regulation on safety and hygiene at workstations equipped with computer monitors, was published in the Journal of Laws of the Republic of Poland. The changes come into effect on November 17, 2023. According to the... Read More →
Draft regulation on extension of deadlines for submission of transfer pricing information
On November 8, a draft regulation of the Minister of Finance to extend the deadlines for the submission of transfer pricing information was made available on the Government Legislation Center website. In the draft, the Ministry of Finance justifies the decision to extend the deadlines for submitting transfer pricing information: “Due to the release of... Read More →
New amount of subsidy for employee meals
From September 1, 2023, an amendment to § 2 para. 1 point 11 of the regulation of the Minister of Labor and Social Policy of December 18, 1998, has come into effect, which sets out detailed rules for determining the basis for calculating contributions to pension and disability insurance. The current regulation is as follows:... Read More →
Overtime compensation for part-time employees
On October 19, 2023, the Court of Justice of the European Union ruled in Case C-660/20, Lufthansa CityLine, that an employer cannot compensate part-time employees for overtime to the same extend as full-time employees. Currently, part-time employees in general receive overtime pay only after working eight hours. The CJEU’s ruling obliges employers to pay overtime... Read More →
Core inflation decreases – new data from the National Bank of Poland
Every month, the National Bank of Poland runs an analysis of four core inflation indicators, which is an important instrument for understanding price dynamics in Poland. The main indicator, the Consumer Price Index (CPI), reflects the average price changes within an extensive market basket of products and services purchased by consumers. However, the process of... Read More →
New regulation regarding employee participation in a newly established company
As of September 15, 2023, new regulations have come into effect, determining forms of employee participation in a company created as a result of cross-border transformations, mergers, or divisions of companies. This affects the Act of May 26, 2023, on employee participation in a company created as a result of cross-border transformations, mergers, or divisions... Read More →
Amendment to the Code of Commercial Companies
On August 22, 2023, the President signed the Act of August 16, 2023, amending the Commercial Companies Code and certain other acts. The Act came into force on September 15, 2023, introducing numerous important changes related to the reorganization of companies, both domestically and internationally. The changes implemented in the amendment align with the following... Read More →
One-time tickets exempt from the obligation of issuing structured e-invoices
On September 4, 2023, a draft regulation was introduced at the Government Legislation Center that defines situations where taxpayers, with properly documented delivery of goods or services, won’t need to issue structured invoices. Invoices related to toll road services, passenger transport regardless of distance, and air traffic control and surveillance will be exempt from this... Read More →
Remote work in EU Countries – new position of Polish Social Insurance Institution
In the recent months, employers and employees have faced difficulties in obtaining the A1 certificate when applying for remote work outside of Poland. The position of the Polish Social Insurance Institution (ZUS) was ambiguous, and the practice of individual departments varied significantly. This was due to the lack of regulations that would allow for the... Read More →
