Taxation with income tax in the form of a lump sum not for everyone
More and more taxpayers are considering the choice of taxing business income with a lump sum tax. This choice is beneficial in many industries, because the tax rate is relatively low and the accounting is simplified as much as possible.
From 2022, taxpayers from the IT industry and the medical industry will be particularly interested in the lump-sum tax, as the lump-sum rates for these professions will be reduced to 12% for IT specialists and 14% for medics, respectively.
However, one should remember about the significant exclusion from the application of this form of taxation. If a taxpayer conducting business activity, who has opted for lump-sum taxation, obtains income from this activity from the former or current employer for services similar to the services that the taxpayer provided for the employer under an employment contract, the taxpayer loses the right to taxation in the form of a lump sum for 2 years.