Read more like this On the home page Gazeta.pl
At the beginning of October, the Sejm adopted tax changes as part of the reforms of the Polish system. One change is to increase health insurance premiums to 9%. And change its calculation rules for entrepreneurs. In turn, people with a sole proprietorship received an allowance for the middle class for people with an income of up to 13,000. PLN per month.
Middle-class comfort is problematic
Calculating the tax exemption for the middle class would be very complicated. This may mean problems getting it.
The problem is deciding how to calculate the allowance amount. In short – the sum of all revenue is reduced by ‘costs of doing business’. Unfortunately, the definition of personal income tax does not include the definition of “business costs”
– Confirms Teresa Warska of Systim.pl In an interview with ceo.com.pl.
There are only “tax exempt costs”, which may result in the taxpayer having to calculate a different tax income and a different income as part of taking advantage of the tax exemption. This is because if the entrepreneur deducts all costs, he may not be eligible for the allowance
– Summarizes Warska.
The middle class relief is not very flexible
pre-existing wrze¶niu Experts warned that relief for the middle class would create problems. Magorzata Samborska, partner and tax advisor at Grant Thornton Polska, noted that regulations regarding tax exemption are not flexible. In her view, the regulations were structured in such a way that exceeding a certain amount of income might result in the loss of the right to exemption, and thus the obligation to subsidize taxes in the annual settlement.
“Problem solver. Proud twitter specialist. Travel aficionado. Introvert. Coffee trailblazer. Professional zombie ninja. Extreme gamer.”
More Stories
Below is the schedule of pension payments as of July 2022. Find out what benefits you will get after the changes [17.07.2022]
Overview of the new electric sports cars for the Hyundai Ioniq 5 N and Ioniq 6 N
Portugal has launched a floating solar power plant. It is the largest structure of this type in Europe – Economy