From 1 March (and not 1 January, as the Sejm wanted) tax collection and safety of public finances in Poland will be handled by National Fiscal Administration (KAS). Before taxpayers and officials there is a great tax administration reform. According to the announcement from Marian Banaś, who will stand in charge of the unit from…
Details of the plans to introduce further changes that are to make Polish fiscal system more flexible and friendly are regularly presented to public opinion by Polish Deputy Prime Minister and the Minister of Development Mateusz Morawiecki. However, he believes the changes should not be revolutionary, but rather improve how the system works systematically. The…
The Ministry of Justice published a draft of a new anti-usury bill, lowering the limits on loan costs other than interest. According to the bill, the fees and commissions will not be permitted to exceed 10 percent of the loan amount, which will be able to increase by 10 percent of the amount for every…
New changes in VAT tax coming up. The Polish government has come up with some new ideas for closing the VAT gap. The amendments are planned to come into force on 1 January 2017. The Polish government especially the Ministry of Finance decided to keep current goods and services tax rates at the same levels…
Prawo i Sprawiedliwość party in the general election campaign promised Poles lowering the retirement age. Now, they are saying they are going to keep the promise. Experts warn that the government is asking for trouble. When the previous government introduced gradual lengthening of the retirement age, many people in Poland were not impressed. The retirement…
Sejm, the lower chamber of Polish parliament voted in favour of Poland ratifying the Paris Agreement on climate change. The move was followed by the same vote by the Senate. Finally, President Andrzej Duda officially ratified the agreement on limiting greenhouse gas emission and curbing global warming. Poland became a signatory to the agreement on…
The European Commission suspended the retail tax that was recently introduced by the Polish government. The press release published on Monday states the institution is concerned that the new regulations may not be compliant with EU laws. According to the new tax provisions, all Polish retail businesses in have to pay a levy on their…
The government is going all out to find a way to narrow the yawning VAT gap. The Minister of Finance has revealed his resort is considering creation of Central Invoice Register that will give fiscal authorities a deep insight into what Polish companies are doing. The finance minister, Piotr Szałamacha, said in a press conference…
Polish Prime Minister Beata Szydło surprised everyone at a press conference when she announce the government’s plans for increasing the minimum wage in Poland. Although a raise was expected, the new minimum wage amount came as a surprise. The government wants to set it at 2,000 PLN gross. Currently, the official minimum remuneration for a…
Mateusz Morawiecki, Poland’s Minister of Development, has a plan. Soon, Poland will join the green revolution. Polish economy is to get a boost from electric mobility, he says. Electric cars do not enjoy great popularity in Poland, but so far the government did not act in any way to jolt interest in this technology. The…
