New regulations introducing changes to the tax system have been implemented in Poland. According to these changes, individuals earning above a certain income threshold will be subject to higher tax rates.
According to the Ministry of Finance, these changes are necessary to balance the state budget and improve financial conditions. The new regulations involve a gradual increase in taxes for individuals earning over 100,000 Polish zlotys annually. Individuals with the highest incomes may face an increase of up to 5% compared to the current rates.
FAQ:
Q: Why were these changes introduced to the tax system?
A: The changes were introduced to balance the state budget and improve financial conditions.
Q: What are the new tax rates?
A: The new tax rates gradually increase for individuals earning over 100,000 Polish zlotys annually, and individuals with the highest incomes may face an increase of up to 5%.
Definitions:
1. Tax system – a set of regulations concerning taxation that govern the calculation and collection of taxes from citizens and businesses.
2. Tax rates – specific percentage values that determine the amount of tax to be paid on a given income.
Source: Ministry of Finance (www.finanse.gov.pl)
The source of the article is from the blog toumai.es