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The reduction of the basic PIT rate to 17%

The reduction of the basic PIT rate to 17%

Jan Kowalski
Administrator
16.07.2019

Yesterday, the Polish government adopted a bill to reduce the basic PIT rate from 18 to 17%. According to average calculations, Poles will have  around 50 PLN more in their wallets. 25 million Poles will benefit from the changes. The only minus is the decrease in revenues to the state budget by over 9 billion PLN per year. The PIT reduction to 17% will apply to income earned from January 1, 2020.

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Jan Kowalski
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Jan Kowalski
Administrator
16.07.2019

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