Pensioners who receive less than PLN 2.5 thousand gross each month will receive a refund of the PIT tax charged on the 13th and 14th pensions. It’s a good news. The tax office will pay the money in February 2024. The table shows what these amounts will be. Check the details!
In 2023, retirees and pensioners received the 13th pension for the fifth time. The 13th pension is in the amount of the lowest pension applicable from March 1 of a given year. In 2023, it amounted to PLN 1,588.44 (gross).
In turn, the value of the additional cash benefit – the so-called fourteenth pension – amounted to PLN 2,650 gross. This amount was awarded to people whose monthly pension or annuity does not exceed PLN 2,900 gross. This does not mean, however, that retirees and disability pensioners who receive benefits of greater value will not receive the fourteenth pension. Above this amount, the “PLN for PLN” principle applies.
The good news for pensioners is that at the beginning of 2024, some of them will receive a refund from the Tax Office from the PIT tax charged on the 13th and 14th pensions. The funds were collected due to the shape of tax regulations, even though in many cases it was known, as radiozet.pl reminds, that the payments of “thirteen-year-olds” and “fourteen-year-olds” would be included in the annual tax-free amount of PLN 30,000 gross.
See what tax refund pensioners will receive: CHECK HERE
The tax-free amount of PLN 30,000 is valid from 2022. No PIT is collected on such earnings and benefits. This translates into the amount of PLN 2,500 gross per month – and this – as the radio station notes – is the problem that caused some seniors to have their “thirteen” allowances reduced. If the sum of the basic pension and the 13th pension was higher than PLN 2,500, a PIT advance was collected on the surplus above this threshold. Tax was always charged on the 14th pension because it amounted to PLN 2,650 gross, which in itself exceeded the monthly tax-free amount.
In many cases, even after adding the “thirteen” amount of PLN 1,588.44 gross in 2023 and the “fourteenth” amount of PLN 2,650 gross to the annual income of seniors, they were ultimately lower than PLN 30,000. Pensioners affected by this situation are entitled to a refund of the advance payment collected by the tax office.
See what kind of tax refund retirees and pensioners can count on.
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2024-02-04 08:04:19
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