When talking about tax limits we mean converting amounts expressed in euro in tax laws into Polish zloty. Every year such a conversion is made using the average NBP exchange rate from the first business day of October in this day falls on October . In today's publication we will present the amount of new tax limits that will apply to all entrepreneurs in . What limits are included in tax laws? The legislator introduced several limits in tax laws expressed in euro which apply to all entrepreneurs.
The amount of these limits after conversion into Polish zloty affects tax settlements according to philippines photo editor certain rules. Below is a summary of the areas to which statutory limits apply Limited areas The amount of limits expressed in euro Small PIT taxpayer EUR – gross sales revenues the amount of VAT Limit for keeping accounting books EUR – net sales revenues for the previous tax year excluding VAT amount Lump sum from recorded income EUR.
Revenues from activities carried out personally in the year preceding the tax year excluding the amount of VAT or EUR - revenues of the company in the year preceding the tax year excluding the amount of VAT Quarterly lump sum settlement EUR – revenues from activities carried out personally in the year preceding the tax year excluding the amount of VAT or EUR – revenues of the company in the year preceding the tax year excluding the amount of VAT Small VAT payer EUR.