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Poland Increases Late Payment Interest Rates

|Approved Changes|Poland
Poland

On 14 February 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 8.0% to 8.5% per annum;
  • The reduced rate is increased from 4.0% to 4.25% per annum; and
  • The increased rate is increased from 12.0% to 12.75% per annum.

The re…

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