The new economic plan prepared by the government includes various tax reliefs. One of such reliefs is the tax relief for robotization which enables entrepreneurs to obtain a return on purchasing innovative technologies. Which companies can benefit from it?
Supporting entrepreneurs focused on development and progress
On 1st January 2022 various changes in tax law will be introduced in accordance with the Polish Deal initiative. The benefits of the relief will be particularly obtained by companies who plan on investing in industrial robots. The automation of manufacturing and processing is an expensive investment which is why the government provided support for entrepreneurs in a form of tax relief programme. The relief for robotization allows for a 50% deduction of costs of purchasing innovative industrial systems.
All companies focused on development and restructuring of the current manufacturing and processing methods will benefit from the new initiative. Introducing new systems will become more accessible even for smaller companies which could not invest in industrial robots in the past due to high purchase costs.
Additionally, the new programme supports other tax solutions such as the Research and Development tax relief (R&D). This relief allows for deduction of costs connected to the conducted research and developing activities. According to the new regulations the amount of cost deduction may be up to 200%.
Automation – a tax relief for ambitious change-seeking entrepreneurs
Both solutions offered as part of the Polish Deal are supposed to not only be financially beneficial but also open doors for automation of the manufacturing industry. A chance to buy more industrial robots should provide support also for businesses who lack employees with specialised knowledge. Some of the tasks can or even should be automated – and this is one of the reasons why the relief was introduced.
