The components of the Polish protection package already announced

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published on 19 March 2020 | Reading time approx. 3 minutes

 

The Polish government proposed on 18 March 2020 its solutions under the anti-crisis programme (so-called Anti-Crisis Shield). The package includes solutions designed to help enterprises to cope with the epidemic-related difficulties. Below you will find the main components of the programme.
 

 
The government is planning to draft legislative bills including the details of the new solutions by the end of this week (by 22 March 2020). We will inform you about the programme's main components as soon as the relevant statutes are published.


The Anti-Crisis Shield has five pillars:
– Employees' security – PLN 30 billion in allocated funds;
– State aid for enterprises – PLN 74.2 billon in allocated funds;
– Healthcare – PLN 7.5 billon in allocated funds;
– Strengthening of the financial system – PLN 70.3 billion in allocated funds;
– Public investment programme – PLN 30 billion in allocated funds;

Total allocated funds – PLN 212 billion.

 

Postponed deadlines

The Minister of Finance suggested during yesterday's conference that he decided to postpone the deadlines for filing annual tax and information returns by 1 or 2 months (there is no final decision about the deadline extension period). However, no details in this respect have been published on the government's official websites as yet (there is only a note that the deadlines for filing annual PIT returns may be extended). We expect that this issue will be resolved in the legislative bills scheduled to be presented by the end of this week.

The government representatives have not addressed the deadline for filing financial statements for the last financial year. This issue should also be clarified in the statues being worked on.

 

Our experts are following the communications of the Polish government to ensure that you are up-to-date on the measures taken in connection with the coronavirus pandemic. We will keep you updated on the key issues in this scope. As we have already mentioned, we will also discuss the planned legislative changes as soon as they are published.

 

If you have any questions, our experts offer you their help and up-to-date knowledge on the planned support measures.

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