A new child benefit programme will be launched later this week. Polish parents are more than happy, but can the budget handle it? The 500 PLN per child was a key promise in the general election race won by Prawo and Sprawiedliwość [Law and Justice]. Now the ruling party are to show the public that…
Polish government has plans to introduce a new legal structure for companies. The new type of business entity will be created with start-ups in mind. Construction of a special type of legal entity was included in the much talked about initiative of the Ministry of Development, The Plan for Responsible Development, known as “the Morawiecki…
Ministry of Family, Labour and Social Policy is working on amendments to labour law that are to introduce minimum hourly wage. The government wants to discourage employers from using civil law contracts. The idea is gaining mixed reviews and sparked off heated debates among journalist, finance experts, or even government officials. The initiative will bring…
Paweł Szałamacha and Marek Gróbarczyk, Polish Minister of Finance and Minister of Maritime Economy and Inland Navigation, caught up everyone’s attention in a press conference that was held on Monday in Szczecin, in a shipyard cafeteria. The press event was called up in order to present a government remedy that is to bring back life…
Polish government is working on amendments to Corporate Income Tax Act, Personal Income Tax Act and Freedom of Business Activity Act that will bring the legal limit of cash transactions down. Presently, the threshold for transactions in cash between enterprises is 15,000 EUR, but this is soon to change. The new limit is planned to…
The Labour Code has recently undergone some changes. They mostly concern employees on fixed term contracts. The new provisions introduced to the labour law regulate the three types of agreements that articulate the legal relations between an employer and an employee: fixed term contracts, contracts for indefinite period and contracts for trial period. Ministry of…
Mateusz Morawiecki, Polish Minister of Development, announced a plan for Polish development for the years to come, the Plan for Responsible Development, already dubbed by the media “Morawiecki Plan”. The strategy just got the government’s approval. The plan is to gear up Polish economy to reach new levels and to build grounds for growth even…
2016 budget act was passed through the Sejm (lower chamber of Polish Parliament) on Saturday. The state’s presentation of the planned revenue and spending closes with a deficit in the amount of 54.7 billion PLN. Polish MPs worked on over three hundred proposed amendments and eventually approved of the financial plan for 2016. The proposed…
It has been known for some time that Polish government has plans to introduce a new levy on retail sales. The original idea was to tax large retail chains, like Tesco or Lidl. The number of small shops in Poland has been continuously going down for some time. Ministry of Finance finally revealed some information…
On 1 January 2016 a new restructuring law act came into force, which is to execute the so-called “new chance politics” The goal of the newly introduced regulation is to, among others, protect entrepreneurship, workplaces, employees and creditors in case of emerging financial problems for companies. The aim of the new restructuring law, according to…
