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Taxman to help Poland's low earners

PR dla Zagranicy
Grzegorz Siwicki 21.09.2017 08:30
The tax-free allowance for Poland’s lowest earners will increase next year, the country’s finance minister has said.
Photo: Pixabay.com/WerbeFabrik.Photo: Pixabay.com/WerbeFabrik.

The allowance will grow to PLN 8,000 (EUR 1,870, USD 2,244) a year, Mateusz Morawiecki told Polish Radio.

At the moment, personal income tax for Poles kicks in when earnings reach PLN 6,600 a year.

The move announced by Morawiecki would mark another hike in the tax-free allowance under the country’s conservative government.

In November last year the Polish parliament approved an increase to PLN 6,600 from just PLN 3,091.

A pledge to raise the tax-free threshold was among a swathe of promises made by the governing Law and Justice (PiS) party, especially to the poor, ahead of its victory in Poland’s parliamentary elections in October 2015.

(gs/pk)

Source: IAR

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