News

EU once again under strain

Creation of the European Union led to political and economic integration of the European continent. Obviously, from the beginning the community was characterized by substantial variations with regard to the level of economic development of the member states.   The challenges they tackle together require constant work on achieving the highest integrity possible. Establishing common currency and synchronising monetary policy was an extremely important and profound step in the post-war histo Read more

Ministry of Finance wants to lower taxes for small enterprises

Ministry of Finance prepared a draft act on lowering the rate of corporate income tax for small enterprises. Thanks to this, around 90% of corporate taxpayers will be able to capitalize on the reduced 15% corporate income tax rate.   According to the proposed solutions, the reduced corporate income tax rate will apply to taxpayers whose profit on sales together with the output goods and services tax did not exceed the equivalent of 5 million PLN in the previous year. This will also concer Read more

Amendment on surveillance in Poland

The president of Poland, Andrzej Duda, signed an amendment regarding surveillance. The signed amendment was disapproved of by the opposition as well as the National Council of the Judiciary, Polish Bar Council, Digitization Council, National Council of Legal Advisers and NGOs.   Please remember that the amendment is a judgement of Constitutional Tribunal which deemed as unconstitutional some of the rules specified in the act concerning special services collecting such data as: telecommuni Read more

Unemployment in Poland declines

In the recent three years in some Polish cities unemployment has dropped almost by half. The unemployment rate is currently two times lower than in 2012 and is 10.8%. The biggest falls were recorded mostly in smaller powiats. The list also includes bigger cities, like Poznań, Tychy or Gorzów Wielkopolski.   The positive effects came from labour reforms and the need of businesses for new and larger labour forces. After analysing the data on the unemployment in Poland. In the country over Read more

Bank tax in Poland

Poland needs a bank tax as in our system banks may earn profits in the amount of 16 billion PLN. The government expects levy payments of about 6 billion PLN, this is a pretty simple and efficient solution.   A specialist from a Krakow university noted that introduction of bank tax with a rather high rate of around 0.44% in connection with possible interest rates cut made by Monetary Policy Council and the consequences of introducing an act on aid for CHF mortgage payers may lead to a situ Read more

Polish carpentry forging ahead

It is mostly western countries that Polish carpentry companies are flooding with their products. This is about furniture making. They are family businesses where skills are passed on from generation to generation.   The people with knowledge of furniture making swamp such countries as Germany, the Netherlands, or Great Britain with offers. The list continues, of course.   We are becoming very competitive for Europeans when it comes to furniture making. Today, Poland is the world’ Read more
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