A cash payment into the supplier’s bank account cannot be included in deductible expenses
National Bank of Poland interest rates in May 2024
Non-deductibility of expenses for organizing team-building meetings with co-workers from the company’s income
Optimism and change: Financial Sector Outlook – HLB Survey of Business Leaders 2024
Latest insights, case studies and articles from across the HLB Poland network
In the judgment dated March 27, 2024 (ref. I SA/Lu 33/24), the Provincial Administrative Court in Lublin ruled that a cash payment into a supplier’s bank account cannot be included in tax-deductible expenses, as it does not meet the requirements of Article 22p(1) of the Personal Income Tax Act (PIT). Context An entrepreneur requested an
Learn more13 May 2024
On April 8-9, 2024, a meeting of the Monetary Policy Council took place, during which it was decided to keep the interest rates unchanged. Current National Bank of Poland interest rates: reference rate at 5.75% on an annual basis lombard rate at 6.25% on an annual basis deposit rate at 5.25% on an annual basis
Learn more10 May 2024
The Supreme Administrative Court (NSA) has once again taken a position on the deduction of expenses for organizing integration meetings. In its latest ruling dated March 12, 2024 (ref. no. II FSK 759/21), the NSA confirmed that expenses for integration meetings with employees and co-workers, who work under B2B contracts, cannot be included in deductible
Learn more8 May 2024
First launched in 2020, the inaugural HLB Survey of Business Leaders focused on uncovering insights into the modern business landscape. Our latest survey draws responses from nearly 1,000 mid-market leaders across 50+ countries to shed light on critical challenges and opportunities for businesses today. In this outlook, we zoom in on Financial Services to illustrate
Learn more7 May 2024
We are thrilled to announce that HLB Group Poland has once again been ranked among the prestigious top 10 largest auditors in Poland according to the Rzeczpospolita ranking. This is not only a tremendous honor for us but also a confirmation of our commitment, professionalism, and hard work that we put into every assignment. The
Learn more29 April 2024
The Ministry of Finance, in a press briefing attended by Finance Minister Andrzej Domański and the head of the National Revenue Administration, Marcin Łoboda, announced the new implementation dates for the National System of e-Invoices (KSeF). The National System of e-Invoices will be mandatory from: February 1, 2026 – for companies that achieved turnover above
Learn more26 April 2024
The judgment issued by the Court of Justice of the European Union (CJEU) on February 29, 2024, in case C-314/22, concerns the interpretation of Article 90 of the directive in the context of the admissibility of a delay period related to the settlement of VAT. Context of the case Consortium Remi Group AD (CRG), based
Learn more25 April 2024
Deduction covering blood donation purposes The monetary equivalent for one litre of blood was determined on the basis of the Regulation of the Minister of Health and amounts to PLN 130.00. A litre of blood plasma is valued at PLN 170.00. However, the value of the allowance should not exceed 6% of the income indicated
Learn more23 April 2024
Latest insights, case studies and articles from across the HLB network
Climate change occurs as a direct result of global warming. Here's a quick refresher on the subject: as atmospheric CO2 levels increase, less rad..
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Key survey findings at a glance:
Real estate business leaders are more optimistic about the economy than their global peers. Leveraging digital te..
20 April 2021
Join our experts for episode 18 of our International Tax Webinar series as they discuss the amendment of tax treaties by the MLI, practical implicatio..
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Key survey findings at a glance:
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12 April 2021