How much can you transfer to your account? How much money will the Tax Office be interested in?
Poles are very eager to use online banking. It’s basically an everyday occurrence. However, we must be aware that receiving and sending transfers may attract the attention of the Tax Office.
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Here’s what you need to know to avoid unnecessary inspections and stress.
The tax office can check transfers
National Clearing House (KIR) in 2023handled in the Elixir system 2.22 billion transactions worth PLN 8.47 trillion. Just a year earlier, it was a total of 2.18 transactions and an amount of PLN 7.86 trillion.
As for the transactions themselves, there are certain restrictions imposed by law. From 2022, officials have gained the competence to control a bank account without having to inform the owner about it. This provision applies to the control of transfers with higher transaction values. The inspections mainly focus on transactions unrelated to business activities. The Tax Office may be concerned about regular transfers for lower amounts, transactions with unusual titles or without sender details, donations and transfers from abroad. Similar amounts sent to different recipients within a short period of time may also be of interest. It is worth knowing that inspections can reach as far as up to 5 years ago.
What transfers may interest the Tax Office?
Currently, the transfer amount for which banks must notify KAS is EUR 15,000, or approximately PLN 65,000. With regard Donations have the following limits: :
- PLN 36,120 – for persons belonging to tax group I (immediate family),
- PLN 27,090 – for persons belonging to tax group II (extended family),
- PLN 5,733 – for people belonging to tax group III (friends and non-relatives)
See: e-Tax Office on your phone. The application launch date has been given
See: Do you make such transfers? Don’t be surprised when the police knock
