Changes to the deduction for the Company Social Benefits Fund

22 February 2024

The 2024 budget law does not introduce any specific provisions regarding the calculation of the basic deduction for the Company Social Benefits Fund (CSBF). Therefore, general rules will apply, i.e. the amount of the deduction will depend on the average monthly salary, with the term “average salary” referring to the average monthly salary in the national economy in the previous year or in the second half of the previous year, if the average salary from that period was a higher amount.

When calculating the deduction for 2024, we should take into account the average salary in the national economy indicated in the announcement of the President of the Central Statistical Office of February 16, 2024.

Due to the fact that according to this announcement, the amount of remuneration in the second half of 2023 was higher, we take this amount, i.e. PLN 6445.71, into account when calculating the deduction.

The deduction for the Company Social Benefits Fund for 2024 will be as follows:

per employees under so-called normal conditions (37.5%) – PLN 2417.14
per employees under special conditions (50%) – PLN 3222.86
for minors in the first, second, and third year of education (5%, 6%, 7%) – PLN 322.29, PLN 386.74, and PLN 451.20, respectively
for a pensioner or retiree under care (6.25%) – PLN 402.86
increase per each employed person with a significant or moderate degree of disability (6.25%) – PLN 402.86
in case of establishing a company nursery or children’s club per employed person (7.5%) – PLN 483.43.

We would also like to remind you that at least 75% of the deduction should be credited to the fund’s account by May 31, 2024, and 100% of the value should be in the bank account by September 30, 2024.

Source: The article was created in collaboration with our cooperation partner – SDZLEGAL Schindhelm Law Office

If you have any further questions or require additional information, please contact your business relationship person or use the enquiry form on the HLB Poland website.

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