The 2026 draft includes various fiscal changes, such as an increase in the corporate tax rate for the banking sector, a rise in the VAT exemption threshold, and an increase in excise rates on alcoholic beverages.
Poland’s Council of Ministers announced, on 26 September 2025, that it had adopted the draft budget act for 2026, following the adoption of the budget law by the government on 28 August 2025.
The 2026 draft includes various fiscal changes, such as an increase in the corporate tax rate for the banking sector, a rise in the VAT exemption threshold, and an increase in excise rates on alcoholic beverages.
Corporate tax for banking
The draft includes an increase in the corporate tax rate for banks from 19% to 23%, effective in 2028. Revenues from this tax are projected at PLN 80.4 billion.
Value added tax (VAT)
The 2026 budget includes an increased exemption threshold from PLN 200,000 to PLN 240,000 and the introduction of the National e-Invoicing System (KSeF) for B2B and B2G transactions, excluding B2C. The projected VAT revenues amount to PLN 341.5 billion.
Excise tax
Starting in 2026, the government will raise excise duties across several products. Alcoholic beverages will see a 15% increase, tobacco products like cigarettes and vapes a 20% hike, smoking tobacco a 30% rise, and e-cigarette liquid the highest at 50%, impacting overall tax revenues. Revenues from excise tax are planned at PLN 103.3 billion.
