Poland Plans Middle-Class Tax Overhaul Ahead of Election as Bracket Creep Bites
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11 Articles
Poland to lower personal income taxes, raise tax rate for biggest companies
Poland plans to change parts of its income tax system in a move that Prime Minister Donald Tusk, who came to power on a ticket to lower taxes, said on Wednesday would benefit around 3.5 million taxpayers.
Poland Plans Middle-Class Tax Overhaul Ahead of Election as Bracket Creep Bites
Prime Minister Donald Tusk plans to overhaul income taxes to ease the burden on Poland’s urban middle class, moving to deliver on a campaign pledge ahead of next year’s elections, while seeking to finance the cuts with higher levies on companies.
Tusk announced at a press conference on Wednesday that, together with Minister of Finance and Economy Andrzej Domański, he had prepared proposals for tax changes that would take effect in 2027. According to the Prime Minister, 3.5 million taxpayers would benefit from them. One of the proposed solutions is to raise the second tax bracket from the current PLN 120,000 to PLN 130,000. Income between PLN 130,000 and PLN 150,000 would be subject to a …
The Polish government led by Donald Tusk announced Wednesday a package of changes to the personal income tax system, which will bring benefits to about 3.5 million taxpayers.
Coalition members aren't ruling out amendments to the regulations that would raise the second tax bracket, RMF FM journalist Kacper Wróblewski learned. Some coalition members have made no secret of their disappointment with Donald Tusk's proposal. The opposition is criticizing the plans. Today, the Prime Minister announced a plan for tax changes, including raising the second tax bracket from PLN 120,000 to PLN 130,000 annually.
Gov.pl / Wikimedia Commons / CC BY 3.0 pl Prime Minister Donald Tusk announced changes to income taxes intended to provide relief to the middle class. The new 24% personal income tax rate could affect approximately 3.5 million Poles. Decisions on the reform are expected to be made by the end of August as part of preparations for the 2027 budget. The ruling party is considering introducing an indirect tax rate, which, according to various options…
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