Poland MOF Clarifies Income Tax Relief for Working Seniors

The Polish Ministry of Finance Feb. 27 clarified personal income tax (PIT) relief for working seniors, applicable from Jan. 1, 2022. The clarification includes that: 1) an exemption from PIT applies to income up to 85,528 Polish zlotys (US$19,248) per year for working seniors who temporarily resigned from receiving a pension; 2) an additional tax-free amount of 30,000 zlotys (US$6,751) applies to working seniors who don’t receive a pension but settle according to the tax scale; 3) working women must be over age 60, and working men over age 65, to qualify; and 4) those who receive an old-age or ...