Taxation - Fundamentals

• You will gain practical knowledge to help you understand the applicable tax rules.
• Knowledge of the applicable tax rules will enable you to make informed financial decisions and manage your finances effectively.
• Knowledge of tax regulations will enable you to avoid mistakes and minimise the risk of making errors in your tax returns.

Polish or English

beginner

• For those starting a career in finance or accounting who want to gain a solid grounding in taxation.
• For individuals who want to better understand their tax obligations and optimise their personal finances.
• For entrepreneurs and business owners who want to better understand the tax aspects of their business and manage them more effectively.

• Personal Income Tax in Poland: sources of income for PIT; PIT as a direct tax; tax rates; allowable expenses; salary and tax calculation; tax returns and deadlines.
• VAT: the concept of VAT; VAT as an indirect tax; input VAT; output VAT; VAT rates and expemption from VAT.
• Corporate income tax: accounting records and tax records; key differences between accounting and tax regulation; allowable and not allowable expeneses; CIT calculation; tax losses carried forward.
• Deferred taxation - IAS 12: the need for deferred tax; temporary differences; deferred tax assets; deferred tax liabilities; presentation of deferred tax in Balance Sheet and Income Statement.