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    Personal Income Tax to be reduced to 12% [VIDEO]

    The Ministry of Finance has proposed to lower the Personal Income Tax (PIT) rate from 17 to 12 per cent for non-flat rate taxpayers, from 1 July 2022.  The tax threshold of PLN 120,000 (EUR 25,313) and the tax-free allowance of PLN 30,000 (EUR 6,328) are to remain unchanged, according to the draft law presented by the ministry on Thursday (March 24).

     

     

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