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Poland Further Increases Late Payment Interest Rates

|Approved Changes|Poland
Poland

On 20 September 2022, Poland published the Announcement of the Ministry of Finance on the rates of interest for tax arrears / late payment. This includes an increase in the interest rates as follows:

  • The standard rate is increased from 16.0% to 16.5% per annum;
  • The reduced rate is increased from 8.00% to 8.25% per annum; and
  • The increased rate is increased from 24.00% to 24.75% per annum.

T…

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