Increased contributions for self-employed and business owners
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 income and the assessment base...
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Deflation in Poland fell by the record 0.6% in October on annual basis
Deflation in Poland surprised and fell by the record 0.6% in October on annual basis. This is probably the deepest deflation in 58 years (although data before 1990 is not fully comparable), since the early reign of Gomułka. This is the biggest problem for the Polish MPC which said the price index will return back...
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Duties of the employer to pensioners
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 receiving overpayments, the employer must...
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HLB International network
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 annual revenue, within the 600...
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Stamp duty in case of power of attorney
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 concerning the application of the...
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Inflation in September 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 Polish Ministry of Economics.
Change to the regulation for a Controlled Foreign Company (CFC)
On the 9th August, 2014, Sejm (lower chamber of the Polish Parliament) has approved the amendments from the Senate, to the draft bill amending the Corporate Income Tax Act, Personal Income Tax Act and other Acts, and thereby introduced new rules on CFC’s. These changes were largely to confirm and for editorial character, with the...
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Interview with getsix® employee Aneta Kociołek
We invite you to read an interview with our employee Aneta Kociołek – Head of Office & Quality Management / Senior Office Manager. What is your role within getsix®? For the last seven years I have been the Office Manager at our Wrocław office, within this time I started our Quality Management (QM) programme, which...
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Prepared amendments to the Commercial Registers Act (KRS)
The Ministry of Justice submitted proposals to amend legislation on commercial registry and related bills that are now open for public consultation. The proposals are aimed at improving the availability and quality of business registration within Commercial Registers Act (Krajowy Rejestr Sądowy – KRS). The proposed amendments of business registration includes a broad range of...
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Changes to the minimum wage for 2015
The minimum wage for 2015 has been agreed. According to the regulation from the Council of Ministers on 11 September, 2014 the minimum wage in 2015 will be the amount of 1,750.00 PLN per month- gross (currently the minimum wage is 1,680.00 PLN per month – gross). This regulation will come into force on 01...
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