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Personal Income Tax and Other Individual Tax Credits and incentives

Tax scale Natural persons in Poland are subject to personal income tax calculated, as a rule, according to a progressive tax scale. Tax rates vary depending on the income earned, defined as the total revenue minus tax deductible costs, earned in a given taxable year. In 2018, personal income tax is calculated according to the following tax scale: Taxable base in PLN Tax more than up to 85,528 18 per cent minus tax-reducing amount 85,528 PLN 15,395.04 + 32 per cent of the surplus over PLN 85,528 For 2019, there is a personal allowance (amount decreasing tax) for all taxpayers whose annual income does not exceed PLN 127,000. This allowance is a credit against PIT (not a deduction from the taxable base), and it varies from PLN 1,440 to PLN 0.01. The tax-reducing amount mentioned in the table amounts to: PLN 1,440 - for a taxable base not exceeding PLN 8,000; PLN 1,440 reduced by an amount calculated using the following formula: PLN 883.98 x (taxable base - PLN 8,000) ÷ P...