Abstract

The Act of October 29, 2021 amending the Personal Income Tax Act, the Corporate Income Tax Act and some other acts, referred to as the "Polish Order" introducing a number of changes to many other acts, was based on three fundamental pillars:

- increasing the free amount to 30,000 PLN and a tax threshold of up to 120 thousand zloty.

- changes in the health insurance and lump sum on registered revenues.

- introducing new preferences and tax breaks: incl. for families 4+, for the "middle class", for working seniors and people returning to Poland, as well as so called relief 1500 PLN, sponsorship discount - for sports, education and culture and the terminal discount.

In this article, we present the terms, conditions and exclusions for these tax breaks and reliefs. The author, a practicing lawyer, will look closely at what's new and changed in the field of tax credits and show who can benefit from them.