The government will impose a 9% levy on the salaries on company board members
12:36
The government will impose a 9% levy on the salaries of hundreds of thousands of people who sit on company boards, Rzeczpospolita daily reported on Thursday.
“This concerns members of management boards and presidents of companies who have earned so far without deducting any contributions. The government has stipulated in Article 13 of the Polish Deal that people employed solely on the basis of an appointment will have to pay a 9% health contribution on their earnings. This will affect 80 percent, if not more, of companies operating in Poland,” reads “Rz”.
“After the changes provided for in the Polish Ordinance, taxation of the earnings of management board members and presidents performing their functions solely on the basis of an appointment will rise from 32 to 41 percent,” the daily reads. - the daily reports.
Anna Misiak, partner and tax advisor at MDDP, quoted by Rz, argues that the government neither signaled such changes nor provided justification for them in the draft made available on the website of the Government Legislation Center. “This is yet another tax increase that the government has so far failed to talk about, and I expect that after a careful reading of the Polish Order there will be more such unpleasant surprises.” Grzegorz Baczewski, director general of the Lewiatan Confederation, comments in “Rz”.
“According to experts, the change will most affect small and medium-sized companies that will have to compensate their CEOs and board members for the reduction of their salaries in a few months. The new rules are to come into force as of January 1, 2022", it was stated.
