New R & D tax incentive provides entrepreneurs with tax benefits

08.02.2018

Thanks to the Innovation Act, Polish entrepreneurs will receive measurable tax benefits while conducting research.

The new R & D tax relief, which has been binding since 2018 is considerably more favorable than former solutions and it allows to double deduction of expenses for research and development from the tax base. Once in the form of ordinary deductible expenses, the second time using the tax relief.

– In the case of R & D expenses in the amount of net PLN 100,000 the company can include in the tax deductible costs up to net PLN 200,000 – explains Jan Kordasiewicz from the consultancy office Cieślak & Kordasiewicz for the “Puls Biznesu”.
More:
https://www.pb.pl/nowa-ulga-sprzyja-innowatorom-904838


Modern economy