Good news for those who earn in the unregistered activity. The Ministry of Finance confirms that it will reduce to the minimum the paperwork – for us and the contractors with whom we cooperate.
21 thousand 85 new taxpayers and 47.4 million more in the budget – these are the effects of the “Pay taxes in Krakow” campaign for 2016. According to the chairman of Kraków City Council, this result is the effect of the growing awareness of the residents and the attractiveness of Krakow as a place to live.
Year 2017 brings multiple changes in Polish tax regulations that entrepreneurs should be aware of, including:
LOWER INCOME TAX (CIT)
A new rate of 15% (instead of the previous 19%) was introduced for smaller companies. This rate is available for new businesses and companies that had income (including sales tax) not exceeding 1 200 000 euro (5 157 000 PLN in 2017) in the previous year. Capital groups are not allowed to use this rate.