Julita Karaś-Gasparska: Soldier in the Company, Savings in the Wallet
The article discusses the new tax relief for soldiers and other changes in tax regulations that have come into effect for the year 2025 in Poland.
Starting February 15, pre-filled tax declarations for the year 2025 are available in the Polish e-PIT service. Employees working for a single employer should review their tax returns and supplement any eligible deductions. Entrepreneurs, on the other hand, must include significantly more details in their tax filings.
Among the notable changes for the previous year is a new tax relief specifically designed for soldiers, reflecting a growing acknowledgment of military service in Poland. Furthermore, the implementation of cash-based PIT rules, which, while not a tax relief, could lead to lower tax burdens within the year, is expected to have implications for many business owners and their financial planning. Additionally, changes have also been introduced regarding health insurance contributions for entrepreneurs. Previously, profits from the sale of fixed assets, such as company vehicles or machinery, contributed to the basis for health insurance contributions; this has now been eliminated, representing a significant adjustment in financial obligations for many businesses.
Overall, these updates in Poland’s tax framework aim to offer better support for specific groups like soldiers while also streamlining contributions for entrepreneurs, showcasing a responsive approach to changing economic needs. Individuals and businesses alike are encouraged to utilize these new provisions to maximize their tax efficiency and financial management going forward.