![Change in the law: you will be able to earn more from your own business without social security contributions. Since when does the law change – check [22.12.2022]](https://i0.wp.com/d-art.ppstatic.pl/kadry/k/r/1/8b/3d/63440a5d42e3f_o_original.jpg?fit=%2C&ssl=1)
Good news for those who earn income from their own small-scale business: in 2023, the limit of income that can be obtained in this way without the need to start a business could double. The exercise of an undeclared activity is beneficial for the taxpayer, because he does not then incur operating costs and does not have to pay social security contributions. In 2022, the income ceiling is PLN 1,505.
According to the Entrepreneurs Law Act, a taxpayer is not required to register his business if his monthly income does not exceed 50% of his gross income. minimum wage. It is possible that this limit will be increased to the total amount of the lowest salary next year.
– The exercise of an undeclared activity is beneficial for the taxpayer, because he does not then incur operating costs and does not have to pay social security contributions. In 2022, the income ceiling is PLN 1,505 – explains Piotr Juszczyk, Chief Tax Advisor at inFakt.
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In recent days, a draft amendment to the laws has appeared in order to eliminate unnecessary administrative and legal barriers. It assumes that the income limit for undeclared activities would be the equivalent of the minimum wage.
For those who run a small business, it can be a real treat and get rid of high mandatory social security contributions – opportunity!
Next year, the minimum wage will increase to PLN 3,490 from January 1 and to PLN 3,600 from July 1. This means that entrepreneurs who, for example, would start their business in July, would not have to register it, as long as their income does not exceed PLN 3,600.
