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PIT reduction to 17 %

PIT rate has been reduced to 17% by Polish government

Polish government has changed the rate of Personal Income Tax from 18 % to 17 %. The new regulations will come into force on 1th of October 2019. It is assumed that around 25 million of Poles will gain as a result of new regulations. The decrease of the PIT will affect the national budget in amount 9,6  billion PLN yearly and 4,8 billion PLN yearly for local budgets. It means the saving of around 40 PLN per month for those who earn the minimum Polish salary around 2200 PLN.