At the end of October, the Parliament finished work on the Polish Order, a package of acts introducing changes in, among others, tax law. The Sejm rejected all the amendments tabled by the Senate.
In the scope of PIT
- Change in the tax scale - the threshold above which income is taxed with 32% rate will be raised from PLN 85 528 to PLN 120 000.
- Increase of the tax-free amount for taxpayers taxed with the tax scale to PLN 30,000 per year.
- Abolition of the possibility to deduct health contributions from PIT for all taxpayers. For some of them (employees and entrepreneurs taxed with the tax scale) the so-called middle class relief has been introduced. It is to offset the negative impact on net income. The relief is available to taxpayers with annual incomes between PLN 68,412 and PLN 133,692.
- Change of the lump sum rate for certain groups - for example, for professions related to the IT industry the rate will decrease to 12%, for medical professions to 14%.
- Abolition of allowance for single parents raisng a child - a fixed deduction of PLN 1,500 from tax will be introduced instead
- "Zero PIT" up to the amount of income of 85 528 PLN - for families raising at least four children, people of retirement age who will resign from receiving pension and continue to work and people returning to Poland from abroad.
In the scope of health contribution for entrepreneurs
- Contribution of 4.9% of income for entrepreneurs taxed with a flat rate of 19%;
- Contribution of 9% of income for entrepreneurs taxed with the tax scale
- Contribution calculated on special terms for taxpayers taxed with lump sums rates (brackets for annual incomes below 60 thousand, from 60 thousand to 300 thousand and above 300 thousand PLN)
Minimum CIT
- 10% rate;
- Applies to companies and tax capital groups, which in the tax year noted a loss from a source of revenue other than capital gains or a share of revenue from a source other than capital gains of no more than 1 percent.
- The amount of usuall CIT due for the same year will reduce the minimum tax. The amount of minimum tax paid to the tax office will be deductible from CIT paid in Poland in three consecutive tax years.
Estonian CIT
- will also be applicable to limited partnerships and limited joint-stock partnerships (provided that the partners are natural persons).
- The limit of the maximum revenue of PLN 100 million is abolished,
- The rates will be lowered: 10 percent for small taxpayers and 20 percent for others, independent of investment expenditures incurred.
Intangible services
Article 15e of the CIT Act, which is limiting classifying expenses related to intangible services as tax-deductible costs will be abolished. However, the other solutions introduced in the Polish Order may effectively lead to equivalent effects.
VAT groups (from 01.07.2022)
The possibility to submit one JPK_VAT and tax payment for all entities included in the group will be introduced.
Cash transactions
- Limit on transactions between entrepreneurs of PLN 8k.
- The consumer will have to pay to a bank account for transactions exceeding PLN 20k.
Lease repurchase
Revenue from the sale of a car, previously bought out to personal property, will constitute revenue from business activity provided that less than 6 years pass between the withdrawal of the vehicle from business activity and its sale.
Depreciation
No possibility to calculate depreciation of buildings and dwellings when used in business activity.
JPK Books (from 2023)
- PIT and CIT taxpayers, as well as lump sums payers from registered income, after the end of each year will be obliged to send structured books and records to the tax office.
- Additionally, entrepreneurs who are not CIT taxpayers will be obliged to send books every month or quarter, but they can be exempted from this obligation by means of a separate regulation issued by the Ministry of Finances.
Rental incomes (from 01.01.2023)
Income from lease, sublease, rental, obtained outside of the business activity will be taxed exclusively in terms of a lump sum from registered income.