– Over the next few weeks, the bill on personal investment accounts should be included in the list of legislative work of the government, and then we will consult – Minister Domański said in an interview with Rzeczpospolita. “The first accounts should be created in the middle of next year,” he added.
Last week, Minister Domański presented the concept of introducing personal investment accounts (OKI). They are to enable investing without taking income on capital gains. According to the proposal, assets accumulated on oki up to 100,000 PLN would be exempt from tax at all, and assets tax would be paid on the surplus, which-according to MF estimates-would amount to about 0.8-0.9 percent.
– Amount exempt from tax, i.e. PLN 100,000 PLN is a well -chosen amount. There are two limits there – up to 25,000 PLN for deposits and bonds and up to 100,000 PLN investments in shares, in investment funds and in ETFs, which we are currently working on in the Ministry of Finance and I think that these 100,000 PLN will remain – said the Minister of Finance and the Economy.
ETF is a type of investment fund that reproduces an index, e.g. an action index. It is usually characterized by low fees incurred by participants.
– It is possible to have more than one OKI account. In my opinion, several oki may be more beneficial to the client. We want the customer to have a choice. The limit will definitely add up to 100,000. PLN – said Domański.
When asked if there is a chance to change the amount of tax on assets accumulated in OKI and exceeding 100,000. PLN, the minister replied that we will “talk”.
– We want the tax rate to be stable and very transparent. In Sweden, the tax is related to the profitability of Swedish treasury bonds, we want it to be similar with us. That we would tell investors what tax will be next year next year. It will definitely be below 1 percent. Domański said.
