News

HR departments constantly process personal data, which is why the real challenge for them is to ensure an appropriate level of security that fully meets the requirements of the GDPR. What changes should be expected in the HR and payroll outsourcing departments?

There are several types of disposal of financial assets that can be distinguished. What these types are and how the sale of shares to a subsidiary should be recognized, is discussed below.

From March 15, 2018 financial statements are submitted only in electronic form. This is another step in the process of digitization of settlements with tax authorities. What are the reasons for amending the new regulations, what changes will the amendment include and who will benefit?

As of 1 January 2018, the rules for issuance of PESEL number for foreigners in Poland have changed. According to art. 41 of of the Census Act, foreigners living in Poland are required to register. The amendment of this act is to facilitate this.

Business Constitution in Poland refers a package of 5 laws that aim to reform and improve the legal framework for running a business in Poland that has been functioning for many years.

From the beginning of 2019, there will be major changes with regard to the storage of employee documentation. An important change that will help relieve employers from bureaucratic obligations will also be the introduction of the possibility to store employee files in electronic form.

On March 14, 2018, the Codification Commission in Poland, after one and a half years work, forwarded its proposals for amendments to the Labor Code to the Ministry of Family, Labor and Social Policy. We chose the most interesting proposals in the draft of the new Labor Code.

The subject of seasonal time change from summer to winter time is very controversial. The change to summer time, creates certain problems with regard to the settlement of working time.

On January 1, 2018, amendments to the PIT and CIT Act came into effect, based on which commercial real estate in Poland worth more than PLN 10 million will be subject to taxation.

The mechanism of the so-called split payment, is another of the announced novelties relating to VAT. At the same time, taxpayers will be able to reduce their liability and be protected against certain tax sanctions.