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Minimum salary higher in 2019

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In a recent press briefing, Polish Prime Minister Mateusz Morawiecki and Minister of Family, labour and Social Policy Elżbieta Rafalska announced the new minimum monthly salary and minimum hourly wage for 2019. The government decided to raise both amounts to 2250 PLN and 14.70 PLN respectively. This means that from January minimum remuneration in Poland will be higher by 7 percent compared with this year.   The amount of minimum salary is established each year by the government, followin Read more

Poland’s Economy Still Going Strong

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According to the recent data published by the Central Statistical Office (GUS), Poland's Economy is expanding at the rate of 5 percent. This is excellent news for the Polish government. What is more, the high rate of GDP growth has been rather stable for several months now. The expansion is driven mainly by strong consumption. Due to good retail sales, VAT revenue is also reaching new heights. In a recent interview, Jerzy Kwieciński, Polish Minister of Investment and Development, stressed that Read more

Polish Taxpayers Will Have An Ombudsman

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The Polish Ministry of Finance is currently working on a new Tax Ordinance Act that will completely remodel the fiscal system known as the Ombudsman in Poland. Not much has been revealed to the public yet when it comes to the ideas and solutions that the new bill will encompass, but Ministry officials decided to announce their intention to create a new office: Taxpayers’ Ombudsman. The news came from the Read more

Employee Shortages Hit Polish Businesses

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In the last few years, Polish businesses and the economy have been going strong and the situation in the job market has been better than good. The official unemployment rate recorded by the Central Statistical Office has been staying below 6%. Surveys demonstrate that Polish businesses feel they do not need to worry about losing their jobs. However, happy times for the working population do not necessar Read more

Exit Tax in Poland to be Introduced Next Year

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The officials from the Ministry of Finance publicly confirmed that government experts are making plans to introduce a corporate exit tax in Poland. It is not a theoretical concept – the work is already underway. The exit tax is directed at corporations moving their premises abroad. The purpose is to safeguard the interests of the state that oftentimes offers generous fiscal incentives to foreign investors.

The Importance of Exit Tax in Poland:

Even though the government (or local gov Read more

Ministry of Finance Rolls Out New Plans for Fighting Tax Optimization

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Entrepreneurs in Poland shake their heads in disbelief after the Ministry of Finance revealed new provisions that are to be found in the upcoming Tax Ordinance act the Ministry experts are currently working on. The lawmakers decided to focus on taxpayers who reach for individual tax interpretation which safeguards them against unfavorable decisions of fiscal authorities (which in certain cases may have devastating consequences). Ministry officials want to curb the use of such interpretations, vi Read more
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