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New Bill Proposes 'Cash PIT' for Small Businesses

02:17

New Bill Proposes 'Cash PIT' for Small Businesses
Source: Unsplash

The Ministry of Finance in Poland has proposed a bill for a new tax scheme called "Cash PIT." This scheme will be available to self-employed business owners whose income in the previous year did not exceed EUR 250,000. The bill, currently under inter-ministerial consultations until May 15, aims to support small businesses that are most affected by payment delays.

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