In the third quarter of 2024, Polish companies can breathe a sigh of relief, as seven out of eleven regulatory changes introduced turned out to be beneficial for entrepreneurs. This is according to the latest “Polish Barometer” report prepared by the experts from TMF Group, a global company specializing in compliance and administration services. Among the positive changes are the cash PIT and an increase in the limits for non-registered activities. The new regulations aim to simplify administrative processes and reduce the costs of conducting business in Poland.
## CASH PIT
On September 27th, MPs approved an amendment to the law regarding the so-called cash PIT, or the possibility of settling revenue and costs by entrepreneurs conducting small-scale business only after receiving payment from the counterparty (optional way of settlement). Over two million taxpayers will be able to take advantage of this option.
The new solution will come into effect from January 2025.
Entrepreneurs operating independently, whose revenue from the previous tax year did not exceed 250,000 euros, as well as those who are just starting their business, will be able to benefit from the cash PIT settlement.
## E-DELIVERIES
E-delivery is an electronic equivalent of a registered letter with a confirmation of receipt. This service will be used by public entities, citizens, and businesses for convenient and safe exchange of correspondence in electronic form.
In the long run, the obligation to use e-Deliveries will apply to all public entities and companies registered in KRS and CEiDG. A notice from the Minister of Digitalisation changing the implementation deadline of this obligation from October 1st to January 1, 2025, was published in the Journal of Laws.
## DIGITAL SERVICES OF THE NATIONAL TAX ADMINISTRATION
In July, the Ministry of Finance posted a notice regarding electronic public services. The National Tax Administration (KAS) is to regularly inform about plans to implement their services, providing detailed information about planned changes. The computerization plan for tax administration services covers the years 2024-2028.
Some changes have already been implemented. Since August 2024, taxpayers can pay the tax fee for a local government unit using the QR code available in the tax office.
## HIGHER LIMITS FOR NON-REGISTERED ACTIVITIES
According to the Entrepreneurs’ Law, there is the possibility of conducting so-called non-registered (unregistered) activity – on a small scale, which does not require registration in CEIDG, the tax office, or GUS. From July 1st, following the increase in the amount of the minimum wage, the limit for conducting this activity increased to PLN 3,225.
## EXEMPTIONS FROM CASH REGISTERS (FISCAL) FOR 2025 AND 2026
According to a draft regulation from August, the scope of exemptions from the obligation to record sales using cash registers will be extended for a period of 2 years (2025-2026).
## UPDATE OF KSR NO. 2 – INCOME TAX
In July, the Committee of Accounting Standards adopted the updated KSR No. 2 “Income Tax”.
## CHANGES IN CEIDG
In September, a draft law amending the Act on Central Register and Information on Economic Activity (CEIDG) was published on the Government Legislation Center’s website. The proposed changes are aimed at simplifying the process of undertaking and conducting business activity by entrepreneurs who are natural persons. They also include expanding the information that can be found in CEIDG.
Source: https://managerplus.pl/nowe-regulacje-uproszcza-prowadzenie-biznesu-w-polsce-7-z-11-zmian-na-korzysc-przedsiebiorcow-90331
