Tusk: We will return to the PLN 60 thousand tax-free amount in 2025
The government will return to the project of increasing the PIT tax-free amount to PLN 60,000 next year, the project will surely enter into force earlier than before the end of the current term, Prime Minister Donald Tusk said.
"We will certainly not give up on this. The Minister of Finance is obliged to make the tax-free amount of PLN 60 thousand a year the result of our work in any case. Certainly not this year - certainly before the end of the term. So yes - delays will happen. [...] If we are to keep spending above 3% [of GDP] on defence - and it seems to me that we have no way out - then we really have to review not the idea itself, but the process of enquiry. So this year we would not be able to afford it. Next year we will come back to the project and see from what point it will be possible. Certainly, during our term of office, the free amount of PLN 60,000 will be a fact," Tusk said during a press conference after the government meeting.
He stressed that the government is not giving up on the PLN 60,000 free amount project, but "this year we are not able to implement it for financial reasons".
"We are reviewing whether this is really money well placed, but the amount of money that we have to spend first of all on security in the broadest sense, not only on military purchases, but security in the broadest sense related to the threat of war, [...] this makes us think extremely cautiously about this change, with the vote of the 60 thousand zloty free amount," the Prime Minister announced.
Source: CTK