In Poland, a new regulation concerning the mandatory liability insurance for tax advisory services has been proposed, which aims to raise the minimum guarantee sum of this insurance. This initiative is part of a broader effort by the Ministry of Finance and Economy to address concerns regarding the adequacy of current insurance rates. The Department has indicated that the increase is necessary due to various factors, including rising costs associated with providing tax advisory services and potential risks involved in the profession.

The implications of this new regulation have sparked discussions among various stakeholders, including the National Chamber of Tax Advisors and the Polish Chamber of Insurance. While some groups acknowledge the need for reform in the insurance rates to better reflect the economic climate and the profession's challenges, others raise concerns about the impact that higher costs may have on clients seeking tax advisory services. The insurance reform is also tied to recent amendments to laws governing tax advisory practices and administrative procedures, which are set to take effect on March 1, 2026.

With the proposed rules expected to come into force shortly, there is an ongoing dialogue about the balance between ensuring sufficient professional indemnity for tax advisors and maintaining affordable and accessible services for clients. The discussions will play a crucial role in shaping how the new rates will influence the dynamics of the tax advisory market in Poland in the coming years.