Property Tax in Poland 2017
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Date31 Jan 2017
/The real estate tax rates for the year 2017 have remained virtually unchanged, compared to the tax provisions of 2016. The upper limit, at the discretion of the respective municipality or town, whether or not they are exhausted, are as... Please Read More
Deletion from the Polish register after 6 months without any business activity
Companies which suspend or interrupt their business activities for a period of at least 6 months may be expected to be removed from the register of taxpayers subject to VAT. In this new year, the tax on sale tax will... Please Read More
Self-marketing for small farmers without VAT in Poland
On the 1st January, 2017, Poland’s President Andrzej Duda introduced legislation to make it easier for small farmers to self-market their products. This regulation stipulates that no sales tax on these products is levied on an annual income from the... Please Read More
Vehicle Tax 2017
This year, vehicle owners will have to pay less for motor vehicle tax for commercial vehicles. The decline is particularly noticeable in heavy commercial vehicles. The tax rates for commercial vehicles with an authorised total weight: 804.30 PLN for vehicles... Please Read More
Corporate Income Tax (CIT) reduced to 15%
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Date30 Jan 2017
/From the beginning of 2017, the Corporate Income Tax (CIT) on companies which are classified as so-called small taxpayers was reduced from 19% to 15%. A small taxpayer will be companies which have achieved revenue from the previous tax year... Please Read More
Security deposit when registering as a VAT taxpayer
The PiS government has introduced a new fiscal instrument to combat tax fraud, with the registration termination starting in 2017. The payment of a security deposit for the declaration of a company subject to VAT is due from those companies... Please Read More
Conversion of the tax data collection system by means of JPK – access to complex business data by the tax authorities
According to estimates by taxpayers, the tax gap in VAT is the difference between taxable contributions and those that the treasury actually received. This difference has grown to at least 50 billion Złoty in 2015. In order to improve the... Please Read More
Statutory minimum wage
The statutory minimum wage was increased for the year 2017 from 1,850.00 PLN to 2,000.00 PLN (around 465 EUR). The minimum wage regulation applies to full-time employees. The regulation, which has been in place for many years that pay for... Please Read More
Revised: trade tax with 2 rates of taxation
Initially, the national-conservative PiS Government wanted to introduce a special tax for trading already in March. Faced with massive criticism from retailers and the doubts expressed by the European Commission regarding to the first draft, the Permanent Committee of the... Please Read More
Changes in Polish taxation regulations in 2016
New rules for making adjustments to costs as of 1st January, 2016. Correction invoices will be processed on an ongoing basis without the need to do this retrospectively. The new regulations apply to adjustments on revenue and expenses arising which... Please Read More