Poland announces huge tax break for young earners

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June 25, 2019

Poland's governing Law and Justice (PiS) party agreed a more than 12-fold rise in the tax-free allowance for wage earners aged under 26, extending a program of new social benefits in the run-up to autumn parliamentary elections.

The threshold is being raised from August to 85,528 zlotys ($22,883) a year from a maximum of 6,600 zlotys, benefiting around 2 million workers, the finance ministry said on Tuesday.

"We want Poland to be a good place to work where young people's perspectives are improving," Prime Minister Mateusz Morawiecki said.

WARSAW (Reuters)

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