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Poland announces huge tax break for young earners




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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