Poland mulls tax exemptions for large families
August 12, 2014
Polish government is considering changes in the tax system in order to help large families.
One of the solutions considered is exempting large families with three children or more from paying taxes if their annual income does not exceed PLN 85,828.
The second solution involves implementation of degressive tax exempt sum, which would decline as an effect of growing income.
Still another solution entails implementing a fixed retirement contribution rate for self-employed.
The government is analyzing the three solutions in order to choose one which will be neutral to the budget or which would incur the lowest costs, a person involved in the project said.
Decisions concerning prospective changes are likely to be made by the end of August.