Poland proposes higher tax‑free income and new investment accounts

The Polish Ministry of Finance is examining reforms that could double the tax‑free income threshold from 30,000 zł to 60,000 zł and raise the second PIT bracket to 140,000 zł. According to the analysis, retirees could see monthly net gains of up to 300 zł, while lower‑ and middle‑income workers might receive about 165 zł extra per month. Higher earners could benefit by 300–630 zł per month, although the measures would place a substantial burden on the state budget.

Separately, the Sejm has approved legislation to introduce Personal Investment Accounts (OKI), modelled on Sweden's ISK system, effective 1 January 2027. The accounts will exempt capital‑gain tax on the first 100,000 zł of assets, but impose an asset‑based levy on amounts above that limit, even when investments incur losses. The law passed with 427 votes and aims to mobilise private savings that are currently held in low‑interest deposits.