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Post by account_disabled on Nov 22, 2023 16:33:14 GMT 10
During the period of leave he received sick pay for days and sickness benefit for the second days. In this case only the payment of sick pay will benefit from the youth tax relief. Example In Mrs. Dorota was employed under an employment contract from which she generated revenues of and at the same time ran a business subject to tax according to the tax scale from which revenues amounted to In such a case only income from employment will benefit from the youth tax relief. Example Ms. Katarzyna has been receiving maternity benefits since March . According to the regulations until the end of June income tax advances were collected from maternity benefits. From July the regulations have philippines photo editor changed and you can now benefit from the discount for young people. This does not mean that Mrs. Katarzyna will not be able to take advantage of the tax relief for young people on payments made earlier. In the annual return if the payment of maternity benefit does not exceed. In the entire year Ms. Kasia will not pay income tax unless she earns income from other sources which are also covered by the relief. Relief for young people – what is not included in the limit? Not all income earned by young people will be included in the limit of below we will describe what does not add up to the limit. The income limit of does not include: Income taxed on a lump sum basis for example: severance pay for shortening the notice period of an employment contract relating to management activities concluded with a state or municipal company Revenues benefiting from tax exemption.
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