THE Polish Government Has Approved A New Tax Law Aimed At Supporting Families With Multiple Children And Encouraging An Increase In The Country’s Birth Rate.
Under The New Law, Families With Two Or More Children Will Be Exempt From Income Tax On Annual Earnings Not Exceeding 140,000 Złoty (Approximately €33,000 Or TZS 95 Million).
President Karol Nawrocki Signed The Legislation As Part Of The Government’s Efforts To Ease The Cost Of Living For Parents And Promote Higher Fertility.
Analysts Say The Initiative Could Improve The Welfare Of Middle-Income Families, Although It May Reduce Government Revenue In The Short Term.
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