Polish Deal tax package goes to consultation this week
22:42
The government wants to submit the draft of the entire tax package proposed under the “Polish Deal” for public consultation later this week, government spokesman Piotr Muller said. He stressed that “some adjustments of these regulations, proposals are currently taking place.”
He recalled that last week there was a meeting on the issue between Prime Minister Mateusz Morawiecki, Deputy Prime Minister Jaroslaw Gowin and experts and parliamentarians. He specified that the differences of opinion include issues related to health contribution and corporate taxation.
“I am confident that this week we will find some solution that will satisfy both sides. In any case, it is our determination to present this week for public consultation a ready-made tax package, including all tax solutions indicated in the ‘Polish Deal’, i.e. both the increase of the tax-free amount to 30 thousand, the increase of the second tax threshold and other solutions, which in practice lead to tax reduction for 18 million citizens,” Muller stressed.
The socio-economic program “Polish Deal”, presented almost two months ago, envisages raising the tax-free amount to 30 thousand zlotys, exempting pensions from tax up to 2.5 thousand zlotys (in connection with the change of the tax-free amount) and raising the second tax threshold to 120 thousand zlotys. There are also plans to increase the health contribution, which would be paid on a straight-line basis from income up to 7% of GDP in 2027.
It has been announced that flat rates for entrepreneurs will be reduced from the current 17% to 14% and from 15% to 12%, and a number of reliefs will be introduced to relocate capital and make tax solutions more attractive for holding companies. At the same time, the “Polish Deal” assumes the launch of a new investment fund by Bank Gospodarstwa Krajowego (BGK) through the issue of development bonds.
