Home » Business » This is how salaries will change from July 1. July salaries will be higher – here are the net calculations [23.06.2022]

This is how salaries will change from July 1. July salaries will be higher – here are the net calculations [23.06.2022]

Some taxpayers will gain up to PLN 4,500 per year thanks to the reduction of the PIT tax to 12%. The tax changes will come into force on July 1, 2022. The reform of the Polish Governance is to be more beneficial for approximately 25 million taxpayers. See how salaries will change from July 1, 2022. Such will be the salaries in July!

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In the second half of March, the Ministry of Finance presented proposals for tax changes that will enter into force on July 1, 2022. As announced by the government, the reform of the Polish Governance is to be more beneficial for about 25 million taxpayers. Economists predict that the tax changes will be beneficial for the majority of Poles, and it is a good step towards putting the Polish Order in order.

– The proposed changes are a response to signals from taxpayers, including entrepreneurs and experts. We want to ensure greater predictability of tax settlements and lower taxes once again – said the deputy finance minister Artur Soboń.

Reduction of the PIT rate from 17 to 12 percent. means tax reduction by nearly 30 percent. The new tax system is to be neutral or beneficial for Poles, however up to 25 million taxpayers are expected to benefit from tax changes. The new tax system is to bring profits not only to employees, but also to pensioners.

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