5 new taxes in 2021 and raises
November 20, 2020
Tax law is a constantly changing kaleidoscope of numbers, percentages and formulas. The end of the year always brings changes. In 2021, we will have to deal with 5 new taxes. Moreover, we will face tax raises. That is why we have prepared for you a short summary of the upcoming changes.
New taxes in 2021
Trade tax (on retail sales)
Applies to retailers who sell goods to consumers.
There are two tax rates:
- 0.8% – if the monthly income from retail sales does not exceed PLN 170 million of the tax base,
- 1.4% – if the mentioned income exceed PLN 170 million.
Warning! This tax does not apply to online sales.
Open Pension Fund (OFE) transformation fee (new levy)
It applies to people who will decide to transfer their money from OFE to ZUS. Fee is 15% of amount transferred to ZUS. Actually, this fee is pension tax paid in advance.
Sugar tax (new taxation) – type of excise tax
Applies to manufacturers and suppliers of sweetened beverages (alcohol beverages included). Tax amount depends on amount of sweetener added to beverage. Tax consists of two parts: 50gr per liter of beverage with sugar or sweetener + 10gr or more if caffeine, taurine or guarana is added.
Alcohol tax on small bottles – so called “małpka” (new taxation)
Applies to consumers and spirit industry. Fee is 25PLN per 1liter of 100% alcohol sold in bottles that are smaller than 300ml. The whole purpose of “małpka tax” is to limit the consumption of hard liquors.
Limited partnership tax (new taxation)
Applies to over forty thousands of limited partnerships and their partners (general partners and limited partners). The corporate tax:
- at the basic rate – 19%
- at the preferential rate – 9%
Tax raises in 2021
“Rain tax” (raise)
Applies to legal person and entrepreneurs who own property above 600 square meters in which buildings take minimum 50% of land. Tax applies to large shops and office buildings for example. It does not apply to agricultural lands though.
Tax rates depends on whether land has device for water impoundment . rate varies from 0.45PLN to 1.50PLN per one square meter per year.
Real estate tax (raise)
Comes into force on January 1, 2021. Applies to legal person and entrepreneurs. The maximum rate for the real estate tax on residential buildings will be PLN 0.25 per m ^ 2 of usable area. The rate for land that is not related to economic activity will increase to PLN 0.52.
Do you need more information about new taxes and raises in 2021? Register for the webinar: “Closing of financial year and tax aspects in Poland 2020/2021”. It will be held on 02/12/2020. Speakers: our specialists and a legal office PETERKA&PARTNERS.
