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Minimum Wage Increase in Poland: What to Expect in 2024

In September, Prime Minister Mateusz Morawiecki confirmed that at the beginning of 2024, the minimum salary will increase to PLN 4,242 gross, and the hourly rate will be PLN 27.7 gross. From July, the lowest national wage will increase to PLN 4,300 gross, and the hourly rate will increase to PLN 28.1 gross.

Minimum wage. An even bigger raise?

The minimum wage will increase twice next year, because this is required by the regulations when there is high inflation in the country, exceeding 5%. The same situation also happened this year.

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“Fakt” reports that there are many indications that the minimum wage may be even higher next year.

This means that people earning up to PLN 6,000 PLN gross will not pay PIT. According to the daily the reform may cover 2.5 million people.

“From January 1, the minimum take-home wage will be PLN 3,222. Of this, the tax office will collect PLN 109 per month. However, if a higher tax-free amount were introduced, this money would be transferred to the employee’s account and the transfer from the boss would amount to PLN 3,331 take-home,” says “Fakt” “.

The daily also reminds that exempting the minimum pension from tax would mean that such retirees would receive over PLN 1.3 thousand. PLN more throughout 2024

Let us recall that in January this year the minimum wage increased from PLN 3,010 to PLN 3,490 gross, which meant an increase of PLN 346 “on hand” (from PLN 2,363 to PLN 2,709). In July, there was a second increase – this time to PLN 3,600 gross, or PLN 2,784 net.

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2023-10-26 04:44:43
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