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Higher Earnings Trigger Higher Tax Rates for Increasing Number of Poles
As Polish salaries continue to rise, a growing number of citizens find themselves moving into a higher tax bracket. Currently, individuals earning up to PLN 120,000 annually are taxed at a 12% rate. However, any income exceeding that threshold is taxed at 32%.
Piotr Juszczyk, chief tax advisor Read more
The Polish Parliament is Debating Whether to Allow Haggling on Sundays
The Polish Parliament is debating whether to allow Sunday trading or not.
Since 2018, trade in Poland has been banned for several weeks, however, according to experts, at the request of consumers, this regulation should be revised.
At the beginning of 2024, a bill was presented to the parliament, easing these restrictions. Employees had to work only twice a month on Sundays. However, traders are required to have the opportunity to rest every week.
"I am in favor of not allowing trading Read more
October Inflation Hits Yearly High at 5%, Highest Since Last December
Save on Your Next Cash Loan: Explore the Best Options in October’s Rankings
Are you in the market for a cash loan? Before making a decision, it's crucial to explore the latest rankings of bank offers to ensure you're getting the best possible deal. The recent October rankings from Bankier reveal the most cost-effective options for acquiring a cash loan of PLN 25,000 with a repayment period of 60 months. With Read more
Advance Payment vs. Deposit: Key Differences Explained
While the terms "advance payment" and "deposit" are often used interchangeably, they have distinct meanings and legal implications. Misunderstanding these differences can lead to costly mistakes. This article breaks down how each works and w Read more
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