Poland Ministry of Finance evaluates tax threshold and personal allowance adjustments
The Polish Ministry of Finance is reviewing potential modifications to the tax scale, including a proposed increase in the tax-free income threshold. This follows political commitments from the ruling coalition to raise the allowance from 30,000 to 60,000 PLN, though the specific implementation timeline and fiscal impact remain under assessment.
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Poland — 3 developments
Poland Fiscal Policy: Tax-Free Income Threshold Review Amid Banking Sector Contributions
The Polish Ministry of Finance is evaluating adjustments to the tax scale, specifically a proposed increase in the tax-free income threshold from 30,000 PLN to 60,000 PLN, a commitment from the ruling coalition. This initiative aims to exempt lower-income earners from personal income tax, though legislative timelines and full coalition support remain unconfirmed. Concurrently, the Polish banking sector is projected to contribute over 35 billion PLN to the state budget in 2026, primarily through corporate income tax and bank levies, highlighting its significant role in state revenue.