Tax regulations in 2017

Posted on January 03, 2017 by admin

New year means new challenges and new opportunities. Customarily, the first day of January is also the date when numerous new legal regulations come into force. In 2016, Polish parliament worked on and passed several important changes to the fiscal system. Most notably, the Ministry of Finance worked hard to cut down the so-called VAT gap, i.e. the difference between the expected and paid budget income coming from value added tax payments. A series of amendments was introduced to tighte Read more

Poles will earn more money in 2017

Posted on January 02, 2017 by admin

2017 will see some important changes with regard to the job market. Most notably, the minimum salary will be increased from 1850 PLN to 2000 PLN (pre-tax). The wages in Poland have been going up for several years, but an increase in the amount of 150 PLN is pretty significant. According to the prognoses, Poland will enjoy one of the highest rates of salary growth in the EU. Moreover, this year the government passed a bill introducing an hourly minimum wage that will accompany the minimu Read more

What you need to remember when you hire personnel

Posted on January 01, 2017 by admin

Hiring dedicated and talented staff is the secret behind functioning of every successful enterprise. However, finding the right people for the job is a challenge unlike any other. If you feel like you do not have the time, patience or skills needed to select the new employees, consider using the services of a professional recruitment specialist that will carry out the whole recruitment process for you while you will just make the final call on the top candidates. Finding the right peopl Read more

The Polish Bank Association attend to the cybersecurity of bank services

Posted on December 31, 2016 by admin

Proper safeguarding of money assets in bank account requires more and more attention and caution. The Polish Bank Association decided to publish a special “Cybersecure wallet” guide on bank services security. In 2015, the Internal Security Agency noted an increase of fraud threats in cyberspace, such as phishing, of as much as 116%. According the Polish Bank Association data, in the third quarter of 2016 the total amount of loans that were attempted to obtain illegally was 64 million 829 tho Read more

Green light for small business in Poland continues

Posted on December 30, 2016 by admin

The legal and fiscal reality of the functioning of small companies in Poland is still stable and friendly. After the Polish government backed out of the plans to introduce a unified income tax, in 2017 entrepreneurs will obliged to consider only fragmentary changes. For many of them such turn of the events is a reason for an understandable sigh of relief. The revolutionary changes were at first glance regarded as causing certain threat to the entrepreneurs and for some of them a reason Read more

Commercial representation in 2016

Posted on December 29, 2016 by admin

2016 saw a big change in terms of company representation regulations. The Ministry of Finance provided amendments to the Tax Ordinance Act regulating the rules of granting powers of attorney. The Ministry created Central Register of General Powers of Attorney. The Head of Tax Office in Wieluń was presented the task of managing the register. A power of attorney is a very useful document for any business owner. It is an authorisation for a person of our choice to act on our behalf. The a Read more

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