On 4 October 2023, the Monetary Policy Council of the National Bank of Poland decided to lower interest rates with effect from 5 October 2023, which results in a reduction of the interest rates for tax arrears / late payment as follows:

• The standard rate is reduced from 15.0% to 14.50% per annum;
• The reduced rate is reduced from 7.50% to 7.25% per annum; and
• The increased rate is reduced from …