The package of tax acts known as the Polish Order has been signed by the President of Poland on 16 November 2021. The act will introduce a number of revolutionary changes to the tax system, the majority of which will take effect from 1 January 2022.
The Polish Order contains a number of solutions addressed to taxpayers paying personal income tax. The most significant changes regarding PIT are as follows:
Read also: Polish Order – changes to PIT from 1 January 2022
The change to the rules for determining health contribution rates in 2022 will cover:
Polish Order: Health contribution according to the taxation form
Polish Order: Obligatory healthcare contribution for board members
The act, known as the Polish Tax Order, will also have a significant impact on corporate tax settlements, and most of the solutions presented will come into force from 1 January 2022.
After the entry into force of the Polish Order, entrepreneurs will be facing the following changes:
Read also: The Polish New Order - changes to the flat rate on corporate income
The Polish Tax Order does not only include changes in the taxation for PIT and CIT taxpayers, but also a number of reliefs and solutions aimed at attracting foreign investors to the Poland.
The pro-investment solutions of the Polish Order are, among others, as follows:
Moreover, once the Polish Order comes into force, entrepreneurs will have access to the following reliefs:
To sum up, the Polish Tax Order will introduce many revolutionary changes which will affect the settlements of all groups of taxpayers and will change the current shape of the Polish tax system. Time will show how the market, investors and the economy will react to these changes. However, many taxpayers, both PIT and CIT taxpayers, will certainly feel the effects of these changes in their wallets from the January of the coming year.
Learn more – the webinar The Polish Order - changes concerning PIT
Read also: The Polish Order. Is it somehow possible to escape from it?
Webinar: The Polish Order - changes concerning PIT