English
This is a page for the tag Personal Income Tax (PIT)
Tax limits in Poland in 2021
In 2021, current income limits concerning inter alia status of small-business enterprises: Small-business enterprises (mały podatnik) for PIT / CIT: 9,031,000.00 PLN. Small-business enterprises (mały podatnik) for VAT: 5,418,000.00 PLN. Income limit that entitles lump-sum of taxation of recognised income will increase in 2021 to 2,000,000.00 EUR, which corresponds to...
Please Read More
“Anti-Crisis Shield 4.0” – support for Polish companies
We regularly inform you about successive governmental bills referred to as “anti-crisis shields”. On 31st March 2020 this year the Anti-crisis shield 1.0. was adopted and entered into force on the very same day. On 18th April 2020 the Anti-crisis shield 2.0. entered into force. On 16th May 2020 the...
Please Read More
“Anti-Crisis Shield 3.0” – support for Polish entrepreneurs
We regularly inform you about successive governmental bills referred to as “Anti-Crisis Shields”. On 31st March this year the Anti-Crisis Shield 1.0 was adopted and entered into force on the very same day. On 18th April the Anti-Crisis Shield 2.0 entered into force. On 28-29th April 2020 further drafts were...
Please Read More
Polish taxpayers have the possibility to deduct donations made to combat COVID-19 from their tax base
We would like to draw your attention to the fact that according to the (new Polish) ‘Anti-Crisis’ Act in order to calculate CIT/PIT income tax or tax advance payments, taxpayers have the possibility to deduct from their tax base donations made from January to September 2020 to combat COVID-19. A...
Please Read More
Anti-crisis shield 2.0 – support for Polish entrepreneurs
Update: 21.04.2020 The package of laws under the anti-crisis shield have come into force. On 31st March 2020, the Journal of Laws published and thus entered into force a package of laws under the so-called ‘Anti-Crisis Shield’. On the 16th April 2020 a new law was already passed called ’Anti-Crisis...
Please Read More
New Tax relief – IP Box in Poland
From January 1, 2019, onwards the IP BOX (Intellectual Property Box) relief is in force in the Polish tax system, available for selected taxpayers allowing them the application of a preferential 5% rate in the PIT and CIT income tax regimes, instead of the standard rate for incomes classified as...
Please Read More
Changes to the labour law in 2020
1. Minimum Wage Increase The minimum wage for 2020 is PLN 2,600.00 gross per month. This increase will impact on several employment-related benefits, such as the night work allowance, minimum base for the calculation of sick pay or the amount exempt from deductions. The minimum hourly rate for persons working...
Please Read More
Tax Focus 2020 | Important change in tax payments: Individual Tax Account
From the beginning of 2020, every company will have one individual tax account (the so-called ‘tax micro account’) which will pay your PIT, CIT and VAT liabilities. So instead of previously making payments to three accounts, you will only have to make one payment to your individual tax micro account....
Please Read More
Tax Focus 2019 | Zero PIT – Tax relief for people under the age of 26
From the 1st August, 2019 an exemption from taxation of salaries of people under the age of 26 years of age was introduced. The rules of using zero PIT for young people are advantageous for those employed under a contract of employment, induction work and commission. Not all salaries and...
Please Read More
Payroll Information | What you need to know about Payroll in Poland
Did you know that Poland is the largest country to enter into the European Union this century? getsix® are sure many of us have had direct experience with the Polish work ethic, either through direct contact with a Polish colleague, or by using the services of a tradesman who completed...
Please Read More
