Up to 13 million taxpayers to benefit from changes to the Polish Deal

Changes in the Polish Deal may be on the agenda of the Sejm as early as the next session on May 11-12. The agenda may be supplemented with, among others, the Public Finance Committee's report on the government's bill to amend the Personal Income Tax Act and certain other acts. The changes are to come into force as of July. According to the Pension Institute, most of the proposed changes will be beneficial for taxpayers, and not only for the lowest earners. However, with the enumeration of specific benefits it is worth waiting until the act is passed and signed by the President.

"The new Polish Deal will mainly benefit those who earn in the middle class, i.e. it is PLN 5,000-8,000, as well as people with even double-digit salaries," Oskar Sobolewski of the Pension Institute said.

"Unlike in the case of the Polish Deal, which came into force in January, where people with the minimum salary of PLN 3,000-5,000 benefited most, here it is clearly addressed to those who earn slightly better. The upper limit is set at about PLN 16,000-17,000, and these people will still benefit from the tax changes, while those who earn more than PLN 18,000-20,000 will continue to lose out on the Polish Deal, so they will not benefit from these favorable solutions here,” Sobolewski added.

(Newseria)