Articles

  • Employee Benefits – to Tax or Not to Tax?

    2013-11-25

    For quite a while now, the question of taxing employee benefits has been making employers go giddy. All the more so that the resolution II FPS 7/10 on medical packages of 24th October 2011 made by the Supreme Administrative Court's Financial Chamber in its full composition, instead of putting an end to doubts and disputes with tax bodies has just escalated them.

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  • Changes to the Labour Code – a Longer Settlement Period and Flexible Work Time

    2013-11-19

    On 23rd of August 2013, the act of 12th July 2013 of changes to the Act of the Labour Code and Trade Unions (Journal of Laws 2013, item 896) entered into force. The act introduced two significant changes to the act of the Labour Code of 26th June 1974. The first of them concerns prolonging the settlement period to 12 months. The other one is with regard to introduction of flexible work time to the Code.

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  • An Opportune Time for Profitable Investments in Special Economic Zones

    2013-10-03

    On 23rd July 2013, the Government decided to prolong the operation of all Polish Special Economic Zones (SEZ's) by another six years, i.e. till 31st December 2026. According to the previous regulations, the Zones could exist till the end of 2020. The prolongation of their operation was carried out through a change to all the fourteen separate directives concerning each zone, where article 1, sec. 3 reads as follows: "3. The Zone shall continue its operation till the day of 31st December 2026.". The amending directives come into force on 11th September 2013.

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  • A Change to the Act on Payment Dates in Business Transactions

    2013-06-28

    A new act on payment dates in business transactions came into force on 28 April 2013, thus replacing the same-titled act binding so far. Its enactment is the outcome of adjustments applied to the domestic regulations to make them conform to EU laws, as it implements the 2011/7/UE directive of the European Parliament and the Council of 16 February 2011 on combating late payment in business transactions.

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  • Accounting and cost correction for tax purposes

    2013-06-28

    In the previous issue of JP Weber Insight newsletter, you had an opportunity to familiarise yourselves with an outline of the rules regarding tax-deductible expense correction resulting from outstanding invoices. With regard to the presented tax solutions, we introduce a suggestion for bookkeeping solutions to abide by the rule according to which accounting books should be maintained in a way allowing for establishing any necessary data for correct tax settlement as well as making books reflect the actual economic nature of business operations.

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  • Controlling - a management philosophy or a management support tool

    2013-06-28

    Over the recent years, controlling has enjoyed great popularity with managerial staff in charge of business entities. However, it is difficult to coin an unambiguous definition of what it is and what functions it is to serve. In both debates and practice there are two clashing concepts of perceiving controlling.

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