Important changes for deposit owners. The government will reduce the tax rate?
The government is considering reducing the beam tax rate from the present 19 percent. – results from the arrangements of Business Insider Polska. However, the saving would have to meet one condition.
It will soon be 23 years since the so -called Belka tax. Its originator was the then Deputy Prime Minister, Minister of Finance Marek Belka. This is a fee that natural persons must pay only on capital gains, i.e. from the profit generated by their invested funds. For the first two years, the tax was mandatory for profits from bank deposits and was then 20 percent. In 2004, tax was reduced to 19 %, but it also covered the profits from investment in securities, i.e. Capital income.
There have been announcements for the abolition or reform of this tax for years. Changes in this matter are planned by the current team. At the beginning of March, the Minister of Finance Andrzej Domański announced in Polsat News that within two months new proposals of changes will “hit the table”.
Belka tax with a lower rate?
Business Insider Polska writes about possible changes. The website’s findings show that the government is considering various proposals aimed at limiting tax. One of the options is to assume a reduction in the tax rate, as long as the investment is long -term. The financial market institutions proposed that after the three years of the investment, the rate dropped to 10 or 15 percent. The rulers are considering both variants.
Another option – although less likely – assumes a complete exemption from the Belka tax in the case of an investment lasting at least five years. It would be a tax equalization in terms of financial instruments with the apartment market (income from the sale of an apartment after five years from its purchase are exempt from PIT).
– Currently, the Ministry of Finance is considering and analyzing various scenarios of changes in the so -called beam tax – informs the press office of the Ministry of Finance in the commentary for the portal.
Belka’s tax revenues in 2024 amounted to approx. PLN 12 billion. Two -thirds of this amount comes from tax on interest (e.g. on bonds or deposits), the remaining part of the income from the sale of securities.
