The payment terminal tax relief allows for deducting the costs of purchasing a terminal and expenses related to its operation from the tax base. This applies to expenses incurred both in the year the terminal is first used and in the following year. This enables entrepreneurs to reduce their income or revenue by a specified amount, leading to a lower tax liability.
The payment terminal tax relief is not available to all entrepreneurs. The amount of tax preference depends on the type of business activity and obligations related to maintaining sales records:
However, not every entrepreneur can benefit from this preference. The relief is not available to taxpayers who, within the 12 months prior to resuming payment terminal service, had already accepted cashless payments.
In certain cases, entrepreneurs can deduct up to 200% of the expenses incurred for a payment terminal, up to a maximum of PLN 2,000. This condition applies to entrepreneurs who are entitled to a VAT refund within 15 days and meet additional requirements:
Since 2022, the obligation to integrate payment terminals with online fiscal cash registers, which connect to the Central Register of Cash Registers (CRK), has also been introduced. Taxpayers must ensure the cooperation of both devices and comply with applicable technical requirements.
The provisions of the Polish Deal introduced a new tax relief for Personal Income Tax (PIT) taxpayers investing in an alternative investment company (ASI) or its subsidiaries. The aim of this solution is to encourage investment in high-economic-risk ventures.
An alternative investment company is a form of alternative investment fund, differing from specialized open-ended investment funds and closed-ended investment funds. It can operate in the form of:
An ASI is involved in raising capital from investors and allocating it according to a defined investment policy.
Taxpayers can deduct 50% of the expenses incurred for the acquisition (subscription) of shares or stocks in an alternative investment company or a company in which the ASI holds at least 5% of shares (stocks) from their tax base. A condition for benefiting from the relief is to hold the shares (stocks) for at least 2 years.
The deduction amount cannot exceed PLN 250,000 in a given tax year.
Taxpayers earning income taxed:
If a taxpayer sells shares (stocks) before the expiration of 24 months from their acquisition date, they are obliged to add the previously deducted amount to their income in the tax year in which the sale occurred.
The tax relief for ASI investors is a beneficial solution for individuals willing to invest in innovative and high-risk ventures. It is worth thoroughly familiarizing oneself with the conditions to fully utilize the available tax opportunities.
This preference has been in effect for PIT tax purposes since January 1, 2022, and allows entrepreneurs to deduct a portion of costs related to trial production of a new product and its market introduction.
This relief covers expenses for:
The relief allows entrepreneurs conducting non-agricultural business activity to deduct 30% of costs for trial production and market introduction of a new product. However, this deduction cannot exceed 10% of income earned from business activity in a given tax year.
Entrepreneurs may include incurred expenses both as current business costs and deduct them from the tax base in their annual tax return.
Costs of trial production of a new product:
Costs of introducing a new product to the market:
The prototype relief is a beneficial solution for entrepreneurs developing innovative products. It allows for the recovery of a portion of costs incurred for trial production and the certification process. However, it is important to remember that the relief applies only in specific cases and covers only the expenses specified in the PIT Act.
The relief for large families (the so-called 4+ relief) is one of the tax preferences introduced as part of the Polish Deal. It allows for income tax exemption for income up to PLN 85,528 annually. To benefit from this relief, the taxpayer must meet specific conditions.
The relief is granted to individuals who, in a given tax year, cared for at least four children, specifically:
Both married individuals and single parents raising children can benefit from the relief. It covers:
For parents to benefit from the 4+ relief, adult children who are studying (18–26 years old) cannot:
The right to the relief also applies in the year of the fourth child’s birth, regardless of their birth date.
The tax exemption applies to income up to PLN 85,528 annually, obtained from:
Individuals settling according to the tax scale can additionally benefit from the tax-free amount (PLN 30,000), meaning no tax obligation up to PLN 115,528.
The 4+ relief can be applied in two ways:
The relief for large families does not exclude the possibility of benefiting from the family tax relief (for children). After exceeding the income limit, parents can additionally deduct the family tax relief, which for four children amounts to PLN 6,924.12 annually:
The relief also does not exclude joint settlement with a spouse, which means the possibility of exempting income up to PLN 231,056 annually.
The young person’s tax relief is a tax exemption intended for individuals who, before turning 26, earn income not exceeding 85,528 PLN. This benefit applies exclusively to income obtained from:
There are no contraindications for a young taxpayer to earn income from several of the above-mentioned sources simultaneously. Running a business does not exclude the right to the relief, but income from this activity is not included in the 85,528 PLN limit.
The young person’s tax relief does not cover income from:
Taxpayers often have doubts about how to settle tax if part of their income is obtained after turning 26. Tax authorities indicate that the benefit covers only income received up to and including the day of the 26th birthday. Income obtained after this date is subject to taxation.
The young person’s tax relief is significant for taxpayers filing PIT-36 or PIT-37 declarations. Settlement is based on information from PIT-11, which is provided by the payer. Key information includes:
Individuals using the relief should pay attention to Part C of the PIT-37 declaration, where the amount exempt from PIT is reported. The total value cannot exceed 85,528 PLN.
One of the available tax deductions for individuals filing PIT (Personal Income Tax) is the possibility to reduce the tax base by trade union membership fees. This relief amounts to a maximum of PLN 500 and has been in effect since the 2022 tax settlement.
This preference allows for the deduction of paid trade union contributions from income or revenue. In the initial version of the regulations, the deduction limit was PLN 300, but it has since been raised to the current amount of PLN 500.
The tax relief applies to taxpayers filing the following declarations:
To claim the deduction, contributions must be declared in Appendix PIT/O (form no. 27) in fields 37 and 38, depending on the settlement method (individual or joint).
To benefit from the relief, it is necessary to have proof of payment of trade union contributions. This document should include:
If contributions were paid in cash, proper proof of payment containing all required information must also be secured.
Since the beginning of 2022, seniors who have reached retirement age but are not receiving a pension or family pension may benefit from a tax relief in the form of zero PIT. This solution aims to support professionally active older individuals, encouraging them to remain in the labor market.
The relief may be used by women after reaching the age of 60 and men after reaching the age of 65, provided that:
Zero PIT for seniors does not cover, among others:
The relief covers income up to 85,528 PLN annually (excluding the tax-free amount for individuals filing according to the tax scale). It may be applied in two ways:
To benefit from zero PIT, seniors employed under an employment contract or commission contract must submit an appropriate declaration to their employer or principal. There is no official template for such a document; however, one may use the template prepared by the Ministry of Finance or prepare their own declaration.
The document must include a clear confirmation of meeting the conditions for using the relief and a clause regarding criminal liability for providing false information. The employer or principal will apply the exemption from the following month after the declaration is submitted.
The vocational education relief covers tax settlements for the years 2019–2024. It is exclusively available to individuals running a business who settle their taxes according to general rules, flat-rate tax, or lump-sum tax on registered income. It is important to note that deductions can be made from one’s own income, regardless of its source.
Donations for vocational training purposes are eligible for income deduction if they have been transferred to:
The total amount of the deduction cannot exceed 6% of the taxpayer’s income, including other donations (e.g., for religious worship, public benefit, blood donation).
The deduction can be made using the e-pity 2024 program, which automatically accounts for the new tax-free amount. This means the taxpayer does not have to manually calculate the relief – they simply need to enter the donation data, and the system will calculate the deductible amount.
Donations can only be made to public schools offering education in professions specified in the classification of vocational education. This includes, among others:
The institution may also offer other forms of education (e.g., high school), but the donation must be exclusively for vocational education.
The relief is not tied to the taxpayer’s child attending the specific school – donations can be made to any qualifying institution.
Donations can only be made to public schools. Private schools, primary schools, and general high schools do not qualify for the deduction.
The donation must be for vocational education purposes. Transferring funds to a parents’ council or parents’ committee does not entitle one to a deduction.
Only teaching materials and fixed assets that are complete, usable, and no older than 12 years are eligible for deduction. Monetary donations are not covered by the relief.
A taxpayer can deduct a donation from their total income, regardless of the source. It is also possible to make a donation as part of a flat-rate or lump-sum taxed business activity and deduct it from income taxed under general rules.
The relief does not carry over to subsequent years – if the taxpayer does not utilize the deduction, it is forfeited without the possibility of future settlement.
To benefit from the relief, it is necessary to have:
The donation must be valued according to the market value of the transferred items.
Anyone can find themselves in a situation where they have received a benefit they were not actually entitled to. This can result from incorrect information, changes in life circumstances, or other reasons. What should you do in such a situation? Can the tax paid on such a benefit be recovered? We answer the most important questions!
If you have returned an unduly received benefit that was previously taxed, you can account for this in your PIT tax return. The conditions are that:
Please remember that if you only returned the net amount of the benefit, without including tax, you cannot claim this relief.
You make the deduction in the tax return where you declare your income for a given year. If you returned a benefit in that year, its value (together with the tax) can be deducted from your income.
What if the sum of returned benefits exceeds your annual income? You have the right to account for the surplus over the next five tax years.
The amount you can deduct includes:
The gross value of the returned benefits (i.e., including the income tax previously collected from them).
To claim this relief, you must attach the following to your tax return:
Additionally, you should possess proof of payment for the returned benefits. You do not need to attach them to the declaration, but they must be kept for 5 years from the end of the tax year in which you filed the return.
These are benefits that were paid based on incorrect or outdated information. Examples of such benefits include:
If you have received an undue benefit and subsequently returned it, it is worth ensuring that you take advantage of the tax reliefs available to you. This will help you avoid unnecessary financial losses and recover the tax paid.
Investing in an Individual Retirement Security Account (IKZE) is one of the more profitable ways to save for the future. In addition to accumulating capital for retirement, it provides taxpayers with additional privileges in the form of tax relief. It is worth remembering this option when filing your PIT declaration.
IKZE tax relief is available to taxpayers who make contributions to an Individual Retirement Security Account and settle their taxes:
The relief can be used by individuals filing individually, jointly with a spouse, or as a single parent raising a child.
The form of income earned does not matter – it can be income from an employment contract, mandate contract, contract for specific work, or business activity.
The PIT settlement stipulates that the maximum annual IKZE contribution limit also constitutes the upper deduction amount. In 2024, the limits are:
To benefit from preferential PIT settlement conditions, the taxpayer must document their contributions. Bank transfer confirmations can be used for this purpose, containing:
Depending on the form of taxation, the taxpayer should include the amount of IKZE contributions in the appropriate tax form:
IKZE holders not only enjoy tax relief in PIT but also an exemption of savings from the 19% capital gains tax (the so-called Belka tax). The conditions to be met are:
In this case, you will only pay a 10% flat-rate income tax. If you decide to withdraw earlier, the withdrawn amount will have to be included in your annual PIT and you will pay standard income tax.
No! You can use IKZE tax relief concurrently with other popular PIT deductions, such as:
