Flat-rate tax on registered income without deductible costs

Flat-rate tax on registered income without deductible costs is the least complicated accountancy form available to those of tax payers who have just recently started their business activity or those who continue their business activity achieving the maximum income of &euro 150.000 (PLN 506.625).

Income not reduced by costs of revenue is taxed on the basis of such form of taxation.. Therefore, it may be attractive for a tax payer bearing low costs of revenue.

The fact of not recording the costs in a monthly settlement can be compensated by relatively low rate of flat-rate tax on registered income without deductible costs. Those rates are fixed depending on the type of business activity.

In order to select such taxation form, a tax payer is obliged to hand a written declaration in a Tax Office no later than on the 20th of January of the given tax year.

There is no possibility of further change in the taxation form throughout the year.

The abovementioned service includes::

• auditing documents,
• keeping sales records,
• keeping fixed assets register, as well as intangible assets,
• keeping equipment records,
• owner's ZUS settlements (social insurance settlements),
• preparing tax declarations,
• preparing an income tax return,
• running VAT record,
• preparing VAT declaration,
• archiving documents.

Revenue and cost register

Revenue and cost register is a settlement form in which the object of taxation is the real income(revenue deducted by costs), not just revenue as in case of flat rate tax.

Therefore, revenue and cost register offers a tax payer the possibility of settling real costs. It is a relatively simple form of accountancy. However, it requires some knowledge and accurate recording of accounting events. It is attractive for those of tax payers who bear significant costs but do not achieve high profit.

The abovementioned service includes:

• auditing documents,
• running revenue and cost register,
• keeping fixed assets register, as well as intangible assets,
• keeping equipment records,
• owner's ZUS settlements (social insurance settlements)
• making an income tax return,
• running VAT records,
• preparing VAT declarations,
• archiving documents.

Pełna księgowość

Integrated accounts is the most complicated and advanced form of accounting. It gives the best view into actual financial situation of a company, supplies current financial claims and obligations report, state of stocks, etc. Financial records may be an indespensible source of information for the board and other decision making personnel.

According to the act concerning accountancy the following entities are obliged to keep integrated accounts:

• commercial partnerships (partnerships and capital companies, including organisations) and well as civil law partnerships on the stipulation of item 2, as well as other legal entities, excluding the State Treasury and Narodowy Bank Polski (National Bank of Poland),
• natural persons, civil law partnerships of natural persons and registered partnerships of natural persons, provided their nett income from sale, production and financial operations for the previous fiscal year reached at least the equivalent of &euro 1 200 000 in PLN.

The service includes:

• auditing documents,
• establishing the company's plan of accounts,
• running a record of revenues and costs,
• running VAT record,
• keeping fixed assets register, as well as intangible assets,
• running equipment record,
• preparing owner's ZUS settlements (social insurance settlements)
• preparing VAT declarations,
• preparing monthly trial balance,
• archiving documents.

HR and Payroll

Our offer also includes HR and wages services. They are aimed at the companies employing staff and willing to outsource their monthly settlement obligations. The offer includes:

HR

• preparing indespensible documents associated with employing personnel,
• running and updating personal files of employees,
• assisting in preparing internal documentation required by the Labour Law,
• assisting in drawing contracts of employment with employees,
• advising on the field of employment forms, employment changes, ways of terminating contracts of employment, preparing required documents.

Payrolls

• entering and signing-off employees to/from ZUS and declaring any changes concerning the personnel,
• preparing payrolls,
• calculating the wages for the time on the doctor's leave, overtime, benefits, payment in lieu of unused leave entitlement in case of termination of a contract of employment, other wages components,
• preparing monthly settlement declarations for ZUS DRA with required reports,
• preparing tax declarations,
• preparing annual tax declarations ( PIT-11, PIT-40 ).