The government adopted a draft budget for 2015. – PortalSamorzadowy.pl

The government adopted a draft budget for 2015. – PortalSamorzadowy.pl

The government adopted a draft budget for 2015. Envisages that both state spending and budget revenues will be higher compared to 2014. Likewise, as in previous years, the fund will remain frozen wages in public sector. An exception to this rule is intended to include the local government sector and the salary of public employees universities.

Pre government adopted a draft budget prepared by the Ministry of Finance at the beginning of September. Version, which agreed to the government on Wednesday does not foresee major changes when it comes to macroeconomic parameters of the budget and the basic size.

MF set up in the project that deficit next year is not to exceed 46 billion 80 million zł. State budget revenues planned in the amount of 297 billion 252 million 925 thousand. zł, (against 277 billion zł 782.2 million planned for the current year), and spending 343 billion 332 million 925 thousand. zł. (Compared to 325 billion zł 287.4 million provided this year.)

Government Information Centre reported that the growth of state budget revenues in 2015. Macroeconomic factors will influence and effects resulting from the planned for next year system changes. It was assumed that the GDP will grow in real terms by 3.4 per cent., The average annual inflation will be 1.2 percent., Wages in the national economy will grow by 4.3 percent in nominal terms., Employment will increase 0.8 percent., And private consumption in nominal terms 4.2 percent.

“significant systemic change, the effects of which will affect next year’s state budget incomes from income tax from individuals, to increase by 20 percent. relief for the third and subsequent upbringing of the child and grant access to the full amount of relief to those who previously showed too little tax to fully settle the tax relief “- written in the message CIR,

Read also: Parents using PIT relief may lose benefits

Such persons will receive reimbursement from the state budget to the amount deducted social security contributions and health.

Among the most important tax changes that will have an impact on the state budget in 2015 r. indicated, amongst others, new rules for deduction of VAT on cars and other motor vehicles with a total weight up to 3.5 tonnes, and other expenses associated with these vehicles. They were introduced in 2014., But some of them will be effective from 1 July 2015.

There will also be extending the deadline for the settlement of VAT on imports of authorized economic operators (AEO – Authorised Economic Operator) and a reduction in the excise duty rates on motor fuels, depending on the type of fuel by 25 zł / 1000 liters or 25 zł / 1000 kg (at the same time increase in the Act on Toll Motorways and National Road Fund fuel duty rates for different fuels for the same value).

In the project it was assumed that the total share of local government units in PIT increase in 2015. of 49.38 percent. to 49.52 per cent. In the case of CIT participation of local government units remain at the level of 2014., Ie. 22.86 per cent.

Tax revenues to the budget in 2015. Amount to 269 billion 820 million 1 thousand. zł, it is about 4.6 percent. more than in the previous year. The relationship of these revenues to GDP in 2015. Amount to 15.2 percent. VAT revenue will amount to 134 billion 630 million zł, and their ratio to GDP in 2015. Amount to 7.6 percent.

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