This reform aims to support families, increase household incomes and stimulate economic activity in the country, writes euronews.com.
The bill, which Karol Nawrocki presented in August, abolishes the obligation to pay income tax for families whose annual income per parent does not exceed 140,000 zlotys (about 33,000 euros). This relief is available to all parents with parental responsibility, including legal guardians and foster carers. According to estimates by the presidential office, the average Polish family should have about 1,000 zlotys (235 euros) more per month thanks to the new measure.
However, the real effect of the new regulations will be visible only in the tax return for 2026, which is submitted in 2027. The aim of the reform is to reduce the tax burden on families, encourage consumption and encourage professional activity. The introduction of a zero tax rate was one of Nawrocki’s key promises during the presidential campaign, and it is part of a wider package of reforms called the “tax shield”, which also includes the reduction of VAT and the abolition of capital gains tax.
Although the President’s Office claims that the program will be financed by tightening the tax system, financial experts express doubts about its sustainability. Tax advisors also warn that the real benefits of the reform will be felt mainly by the richest citizens. Piotr Juszczyk, chief tax advisor at inFakto, points out that low-income families, who pay little or no taxes anyway, will receive a negligible amount.
For example, a family with a gross monthly income of 7,000 zlotys (1,648 euros) can expect a relief of about 395 zlotys (93 euros) per month. On the other hand, parents who earn 12,000 zlotys (2,826 euros) per month will save as much as 913 zlotys (215 euros), or more than 11,000 zlotys (2,590 euros) per year. Those with the lowest incomes can expect savings of only 75 zlotys (17 euros), while those whose incomes are below the tax-free amount will not feel any change.
What do the Poles think?
In September, public consultations on the draft law were held in which 476 people participated. The results showed great support for the proposal – about 76% of respondents consider the new tax law necessary, while only 16% strongly opposed it. In addition, 66% of participants positively assessed the assessment of the economic and financial impact of the reform.
(Vijesti.ba)
