Monday, May 23, 2016

Tax on trade but progressive. The Ministry of Finance presented a new project – Polish Radio

tax trade: most likely a version with a single rate of tax (0.9 or 0.8 per cent.) And the high amount of free (204 million zł per year). Photo: Pixabay

the project is being prepared in the Ministry of finance. In mid-April, Deputy Finance Minister Wieslaw Janczyk announced in an interview with PAP that the project will be ready within two to three weeks.

Draft later this week: provides for a single rate and a high amount of free

Abramovich told PAP on Wednesday that according to the declaration of the representatives of the government project could be ready later this week. According to Abramovich’s best chance of a version with a single rate of tax (0.9 or 0.8 per cent.) And the high amount of free (204 million zł per year).

Two rates less likely because of the EU requirements

the second version is considered two rates, but according to Abramovich this solution has a fundamental flaw, which is exposure to the allegations of the European Union, reluctant progression rates.

small shops without tax

“Besides being a lot of demands on the exemption from various small parties. One rate and the high amount of free will, that these applications do not need to be considered, because small entities that act did not cover, “- explained PiS.

This is another bill on the tax on trading

history of preparing tax on retail sales (the so-called . tax DIY) is a long and stormy. Tribute from hypermarkets PiS heralded in the election campaign. She was concerned primarily foreign retail chains.

The first project envisaged two tax rates

first version of the Tax Ministry of Finance presented on 2 February. It assumed that the tax had to have two basic rates. The rate of 0.7 percent. was charged to income not exceeding a given month, the amount of 300 million zł. The rate of 1.3 percent. He was to be paid from the surplus of income over 300 million zł this month. Other sales tax rate were to apply on Saturdays, Sundays and public holidays – 1.3 per cent. (For receiving income less than 300 million zł per month) and 1.9 percent. (Above the threshold). The amount of tax-free would be 1.5 million zł per month (18 million annually).

These proposals have given rise to protests from a number of interested circles, especially traders. During the meeting of the Social Dialogue on 18 February. Finance Minister Paul Szałamacha admitted that the version of the project February 2, is in the process of working through, is in fact a number of issues which the Ministry of Finance must take into account, for example. that the European Commission strongly negatively speaks about the progressive rate. He also said that many voices have been expressed for increasing the amount of free over 18 million per year, which found it “understandable.” He added that one should “weigh” the arguments for the abolition of separate weekend rates.

Another project envisaged three tax rates

April 13 this year., During the meeting led by Abramovich’s parliamentary group, the head of the Standing Committee of the Council of Ministers and Minister Henryk Kowalczyk Janczyk presented the new guidelines of the project. They contained three progressive tax rate: 0.4 percent. of monthly income between 1.5 million and 17 million zł, 0.8 percent. of revenue between 17 million and 170 million zł, 1.4 percent. of the monthly income of over 170 million zł. Free amount would be 1.5 million zł per month (18 million zł per year). There was already oprotestowanej by traders, separate weekend rates and tax franchise network.

The latest version spoke of a single, linear rate

Minister Kowalczyk at the end team meeting acknowledged, however, that the final draft will be most likely one, linear rate of 0.9 percent. the amount of free monthly 17 million zł (zł 204 million per year), because for such an option spoken by most participants. Two days later, in an interview with PAP Deputy Minister Janczyk he noted, however, that this issue is not yet resolved.

The introduction of a tax on retail sales was in 2016. Bring the budget 2 billion zł. This was to be one of the sources of financing of the program 500 plus. Today, to get this amount is unrealistic, recently the Minister Kowalczyk spoke about a billion zloty, if the Act would come into force from July 1.

PAP, jk

LikeTweet

No comments:

Post a Comment