
The Minister of Finance announced the presentation of specific solutions regarding gas prices and commented on the lower deficit of the public finance sector and changes in PIT.
AI-generated summary
The increase in energy prices is due to international tensions in the Middle East. Work is underway on changes to PIT and CIT taxes.
Within, I think, 10 days, we will present a very specific solution, also regarding the situation, or rather gas prices, said Domański.
The minister pointed out that the price increase is the result of international tensions related to the conflict in the Middle East. He assured that the government wants to limit the effects of this situation on households. He has not disclosed the details of the planned activities yet.
The deficit is expected to be lower than the original assumptions
Domański also said that this year's public finance sector deficit is expected to amount to approximately 6.7%. and will be slightly lower than previously expected. According to the minister, this is mainly due to good revenues from VAT and CIT.
(The deficit) is still high, I confirm that. We want to lower it gradually, he said.
The head of the Ministry of Finance also referred to the financing of the Constitutional Tribunal next year. He estimated that finding PLN 75 million for this purpose would not be a problem for the state budget. Fortunately, the budget will cope with this challenge, he noted.
Changes in PIT and appeal regarding the NBP
The minister also commented on the PIT amendment passed by the Sejm. The regulations raise the first tax threshold from PLN 120,000. up to 130 thousand PLN, leaving a 12% rate. For income over PLN 130,000. up to 150 thousand PLN, a new 24% rate will apply. Income exceeding PLN 150,000 PLN will still be taxed at 32%.
According to Domański, 3.5 million people are expected to benefit from the changes. As he calculated, for some families this means up to 7.2 thousand. PLN per year. This is serious money, he said.
The source of financing for the reform is to include, among others: CIT increase from 19 to 22 percent for companies whose annual revenues exceeded EUR 50 million. The project also envisages an increase in the solidarity levy from 4 to 5 percent. and changes to the lump sum rules, including a return to the limit of PLN 250,000. euro of revenues entitling you to choose this form of taxation.
Domański expressed his belief that the Senate will finish working on the bill on Friday and then it will be sent to the president.
The minister also referred to the composition of the management board of the National Bank of Poland. In his opinion, the president should immediately sign the motions to appoint four new members of this body.
AI outlook — possibilities, not facts
Presentation of solutions regarding gas prices
Very likely · Within days
Completion of the Senate's work on the Personal Income Tax Act
Very likely · Within days

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