Higher Tax Exemption Limit for Used Goods Sales and Loans
The draft law increases the exemption limit for civil law transactions tax (PCC) from PLN 1,000 to PLN 5,000. This means that sales of used items and certain loans up to PLN 5,000 will be tax-exempt, simplifying daily transactions and reducing financial burdens for citizens.
Key points
Sales of movable goods (e.g., used items) up to PLN 5,000 will be exempt from PCC tax. Currently, this limit is PLN 1,000.
Loans granted to individuals outside the immediate family (spouse, descendants, ascendants, stepchild, siblings, stepfather, stepmother, and persons in the first tax group) up to PLN 5,000 will also be exempt from PCC tax. Currently, this limit is PLN 1,000.
The changes aim to simplify citizens' lives, reduce inefficient administrative costs associated with collecting small tax amounts, and adjust limits to the current value of money and minimum wage.
The law will come into force one month after its announcement.
Status:
In Progress
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