The increase in the income taxation free amount (PIT) to PLN 60 1000 remains the current goal of the government – confirmed Deputy Finance Minister Jarosław Neneman during his speech in the Sejm. Although changes are ongoing, their implementation may depend on the state budget situation.
Government confirms: Tax-free amount will be raised
Deputy Minister Neneman stressed that the declaration of raising the tax-free amount is inactive valid, despite public finance challenges.
– ‘This commitment, which is recorded [with respect to the increase of the amount available in the PIT], is as valid as possible. Minister of Finance and Prime Minister confirm – work is ongoing. You know very well that on the expenditure side of the Ministry of Finance or public finances there have been things that have been hard to foretell recently.” said Neneman.
He besides pointed to budgetary priorities, specified as national defence, which influence the anticipation of a promise being made. – "We spend the most on armaments in Europe, spend more than could be expected and there are priorities. Defence of the homeland is the highest priority” – he added.
When can we anticipate change?
At the end of March 2024, Finance Minister Andrzej Domański announced that the ministry was working to increase the tax-free amount to PLN 60 thousand (currently it amounts to PLN 30 thousand) and aims to make changes before the end of the Sejm's word of office.
According to Neneman's calculations, the cost of specified a improvement would be PLN 55.9 billion, which represents a crucial burden on the budget.
The subject of the amount free in the election campaign
The issue of expanding the tax-free amount returns in public debate, peculiarly in the context of the electoral campaign. Donald Tusk promised this change during the 2023 parliamentary election as part of the programme ‘100 specifics per 100 days’. However, so far the promise has not been realised, which is explained by coalition difficulties.
– "Prime Minister and PO representatives say that it is not possible to meet promises due to the fact that the Polish government is governed by a coalition of respective parties, having different views, which frequently cannot be reconciled" – reads the material.
Research shows that raising the amount of taxation free is 1 of the most frequently expected changes by Poles. As a result, Rafał Trzaskowski's staff, a candidate for KO in the presidential election, announced a detailed plan for the implementation of this promise.
– "We want to show a detailed plan to scope the amount available in this campaign. This is an crucial issue for us, it comes out in all study” – said a individual from the surroundings of Trzaskovsky.
Summary
Although the government declares its willingness to rise the tax-free amount to PLN 60 thousand, the deadline for this promise remains uncertain due to budgetary challenges and spending priorities. However, the subject remains crucial in the public debate, especially in the context of the upcoming elections.
Read more:
The tax-free amount will increase to PLN 60 thousand? Ministry of Finance confirms the work
