Minister Katarzyna Pe\u0142czy\u0144ska-Na\u0142\u0119cz has announced a meeting with Finance Minister Andrzej Doma\u0144ski for next week to discuss a proposed increase of the second personal income tax threshold to 140,000 PLN. <\/p>\n
Katarzyna Pe\u0142czy\u0144ska-Na\u0142\u0119cz, Minister of Funds and Regional Policy and leader of Poland 2050, confirmed that she will meet with Finance Minister Andrzej Doma\u0144ski next week. The discussion will center on a legislative proposal to raise the second tax threshold from the current 120,000 PLN to 140,000 PLN.<\/p>\n
Pe\u0142czy\u0144ska-Na\u0142\u0119cz stated that she is scheduled to present the comprehensive proposal to Minister Doma\u0144ski during their upcoming meeting in the Sejm.<\/p>\n
The proposal involves an amendment to the Personal Income Tax (PIT) Act, submitted by Poland 2050 deputies in mid-April. Under the current system, income up to 120,000 PLN is taxed at 12 percent, while income above that limit is taxed at 32 percent.<\/p>\n
The new project suggests that income up to 140,000 PLN would be taxed at 12 percent (minus a 3,600 PLN reduction amount), with the 32 percent rate applying only to income exceeding the higher 140,000 PLN threshold.<\/p>\n
According to the authors, the project aims to provide relief to the middle class and prevent individuals with average incomes from being pushed into the higher tax bracket, a situation that often occurs toward the end of the year as earnings accumulate.<\/p>\n
The justification for the bill indicates that raising the threshold would result in a tangible financial benefit for middle-income earners, amounting to an average tax savings of approximately 2,600 PLN per year.<\/p>\n
In April, the Poland 2050 initiative received support from President Karol Nawrocki, who introduced a similar proposal in August of last year. His suggested changes include raising the second tax threshold to 140,000 PLN and implementing a zero-percent PIT rate for families with two or more children.<\/p>\n","protected":false},"excerpt":{"rendered":"
Minister Katarzyna Pe\u0142czy\u0144ska-Na\u0142\u0119cz has announced a meeting with Finance Minister Andrzej Doma\u0144ski for next week to discuss a proposed increase of the second personal income tax threshold to 140,000 PLN. Meeting on Income Tax Reform Katarzyna Pe\u0142czy\u0144ska-Na\u0142\u0119cz, Minister of Funds and Regional Policy and leader of Poland 2050, confirmed that she will meet with Finance […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wpai_generated_summary":"","footnotes":""},"categories":[40],"tags":[],"class_list":["post-8468","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/posts\/8468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/comments?post=8468"}],"version-history":[{"count":0,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/posts\/8468\/revisions"}],"wp:attachment":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/media?parent=8468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/categories?post=8468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/tags?post=8468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}