„Perhaps Submitting the Relevant Oath of Office to the Presidential Chancellery is Enough.” — Bodnar on Chmaj's Theory
NEWS
20/09/2019
11:19
President Duda on Tax Changes: This Will Mean Real Money Left in Wallets
- Minister, I wish you all the best. I would say in a social sense, you are taking office as Minister of Finance at the right moment, because just under two days ago I signed a law that supplements the first law amending the Personal Income Tax Act, where we decided that young people will not pay personal income tax on their earnings up to the age of 26. Now we are supplementing this by introducing a reduction in PIT, but this time for everyone taxed under general rules, and this will indeed mean a reduction from 18% to 17% + an increase in revenue-generating costs, which in effect will result in real gains in wallets. I want to strongly emphasize this for those taxed under general rules, meaning not only those working on employment contracts, specific task contracts, or mandate contracts, but also pensioners and disability pensioners. This will indeed mean real money left in wallets, which can then be spent on life necessities - stated President Andrzej Duda at the Presidential Palace.
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