The year 2025 brings crucial changes in the Polish taxation and economical system, which can importantly affect the finances of both entrepreneurs and consumers. Below we present the most crucial of them.
As of 1 January 2025, changes in taxation limits have a direct impact on entrepreneurs:
- Flat rate on recorded revenue:
- Monthly: gross in 2024 may not exceed PLN 8,569,200 to be able to pay taxation per month.
- Quarterly: gross in 2024 cannot exceed PLN 856 920 to be able to pay the taxation quarterly.
- Small VAT payer:
- The limit is PLN 8,569,000.
- Small payer at Estonian CIT:
- The limit was set at PLN 17 138,000.
These changes may affect the way businesses account for taxes and their reporting obligations.
PIT cashier
The anticipation of accounting for income taxation on individuals was introduced by the cash accounting method. This means that the taxation will only be charged erstwhile the payment is actually received and not erstwhile the invoice is issued. This is beneficial for entrepreneurs who frequently face delays in payments from contractors.
New reporting obligations
Since 2025, the work to submit a Single Control File for CIT (JPK_CIT) has been introduced. Companies will be required to regularly send detailed financial data in a standardised format to increase transparency and efficiency of taxation controls.
VAT exemption for tiny businesses in the EU
Polish companies operating in another European Union countries will be able to benefit from VAT exemption under the conditions laid down in those countries. Similarly, companies based in another EU associate States will be able to get VAT exemptions in Poland. In order to benefit from these exemptions, entrepreneurs must meet certain conditions.
Changes in the property tax
New definitions of the building and construction were introduced in the property tax, which could affect the level of taxation of individual buildings. Entrepreneurs with real property should verify their facilities with respect to fresh regulations in order to avoid any inaccuracies and additional costs.
Forecasts of inflation for 2025
According to the National Bank of Poland (NBP), inflation in 2025 could be 4.3%, with a typical forecast distribution of 3.5-5.2%. However, in the absence of freezing of energy retention prices, inflation may increase to up to 5.6%. The government plans to keep household electricity prices frozen for the first 9 months of 2025, with the aim of reducing inflation growth and protecting consumers from rising energy costs.
Increase in minimum wage
Due to projected inflation, the government announced a minimum wage increase in 2025. However, these proposals were based on erstwhile inflation forecasts of 4.1%. Current estimates indicate higher inflation levels, which could affect the real value of the minimum wage and the purchasing power of workers.
The year 2025 brings a number of changes in taxation rules and crucial macroeconomic forecasts that can affect the finances of both entrepreneurs and consumers. It is worth following up-to-date government and economical forecasts to prepare decently for the upcoming changes and adjust their actions to the fresh economical reality.
Read more:
Experts warn: These changes will affect your wallet in 2025
