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Optimistic Budget for 2009.

Europe Intelligence Wire

| October 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Polish News Bulletin)

Since January 2009 there will be a change in PIT tax accounts, introducing the new two quotas of 18 and 32 percent. Though the change itself is estimated to cost about ZL8bn, the expected increase in state budget income from PIT is to be higher than in the year 2008 by about ZL1.2bn and amount to ZL9.2bn. The total income from PIT in 2009 is expected to amount to ZL40.2bn. In the year 2008 the total income should amount to ZL39.2bn.The introduction of family allowance and raising the thresholds in PIT scale will not lower the income from the ...

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