Tax Reliefs

Research and development relief (R&D), automation relief, IP Box, IPO relief, or CSR relief – the multitude of solutions currently available in Polish tax laws can create a sense of confusion. Intuitively, we feel that taking advantage of a particular tax relief requires many time-consuming and complicated actions that may do more harm than good. As a rule, the above statement can be considered true – provided we do not know how to approach it. To eliminate the risk of improper application of tax incentives, one must approach the subject methodically, taking several steps that will safely implement savings in our business.

Eligibility analysis

The first and most important step is to identify the area of operation. Initially, we need to familiarize ourselves with the available options for reducing our taxation. Not every business will be able to benefit from R&D relief. On the other hand, automation relief or CSR relief does not require conducting development work. Therefore, it is crucial to understand what activities we perform daily, what costs we incur, whether our business is growing, and whether it is aimed at the domestic or foreign market. Defining the scope of activity will allow us to assign the tax reliefs we could potentially benefit from. Then, by analyzing the tailored reliefs, documentation, and performed activities step by step, we will be able to confidently determine that a particular relief is available to us.

Securing the tax position

The second step is to ensure safety before implementing the relief. This can be done in several ways, but the most popular solution is to obtain an individual interpretation of tax law.

Implementation of the relief

The final stage is to implement the relief in the business. Detailed solutions should be tailored to the specific type of relief we want to utilize. We will approach R&D relief differently than automation relief or IPO relief.

Summary

Implementing tax reliefs requires a methodical approach that ensures maximum safety in case of any questions from the tax office. To achieve this, specialized knowledge and relevant experience are essential – something we have managed to acquire and solidify over years of working with many clients. This allows us today to effectively support you and your business in the safe implementation of tax solutions.