Ideas For A New Labour Code Met With Criticism

Posted on March 16, 2018October 20, 2023 by admin

The Codification Committee, a government body entrusted with the task of preparing a first draft of an entirely new Labour Code, the regulation which affects all employers and employees in Poland, finished its work this week. Even though the project is the first step to introducing a whole new labour code, the Committee did not disclose the results of their year-long work. The public has to wait for state off Read more

Ministry Says No VAT Tax Returns

Posted on March 12, 2018October 20, 2023 by admin

Polish Ministry of Finance officially confirmed they are working on the complete disposal of VAT tax returns. The tax returns, prepared by all value-added taxpayers, document all taxable transactions of a given company in a given reporting period. Businesses in Poland, apart from numerous other compliance duties, are under obligation to submit VAT tax returns on a monthly basis. Canceling the legal requirement Read more

World Bank: Poland Became a High-Income Country Faster Than Any Other State

Posted on March 09, 2018October 20, 2023 by admin

World Bank released an economic growth report which reflects Poland on top as the high-income country in the EU. In their Growing United: Upgrading Europe’s Convergence Machine report, World Bank experts Cristobal Ridao-Cano and Christian Bodewig reflect on how the European Union had a huge impact on member states’ economic growth and Eastern European states transitioning their status from the category of low to high-income country status. Poland has been set out as an example of a Read more

Polish Bank Mobile App Ranked The Best in The World

Posted on March 05, 2018October 20, 2023 by admin

Retail Banking International, a global retail banking news service from the United Kingdom, took a look at the best bank mobile applications from banks and the reviews they receive from their users. According to the web service’s findings, the best-rated mobile application for bank account holders is the app from Polish bank PKO Bank Polski. Among numerous competitors, it is the Polish bank that prepared the most user-friendly bank mobile application that bank customers turn on with pleasure. Read more

No trade on Sundays

Posted on March 02, 2018 by admin

On the first day of March new regulation came into effect in Poland. The new law introduces a ban on trade on two Sundays a month. With certain exceptions enumerated in the act on a ban on Sunday trade, trading outlets, from small corner shops to big malls will be forced to close on the seventh day of the week. It is not yet certain how Poles will react to the fact that they will not be able to shop when they want. Polish stores will close on every second and third Sunday of the month e Read more

New Tax Obligation For Polish Companies: JPK VAT

Posted on February 26, 2018October 20, 2023 by admin

January was the first month for which all Polish companies present in the JPK VAT register had to meet a new fiscal obligation introduced by the Ministry of Finance. Enterprises in Poland that are registered for VAT have to submit the so-called JPK VAT file which gives information on the sale and purchase transactions a given company carried out in a given month. The document Read more

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