Estimated The total value of support under the Anti-Crisis Shield is PLN 212 billion (nearly 10% OF GDP). What does this amount consist of?

• Cash component of the government of about 67 billion (2.9% GDP), which provides for expenditures of the state budget, Social Security and special purpose funds.
• Government liquidity component of about PLN 75.5 billion (3.3% GDP). It consists of credit vacations and deferred taxes, as well as liquidity financing in the form of loans and equity mainly using the financial instruments of the Polish Development Fund Group (PFR, BGK, KUKE, ARP).
• NBP liquidity package of about PLN 70 billion, which will provide the necessary liquidity and credit conditions.

The shield is a package of solutions prepared by the government, to protect the Polish state and its citizens from a crisis caused by a pandemic coronavirus. It is based on five pillars:

• Protecting Workplaces and worker safety,
• Financing entrepreneurs,
• Protection Health,
• Strengthening Financial System,
• Public investments

The Anti-Crisis Shield provides for, among other things:

• exemption of micro-companies, which as of February 29th employed up to 9 persons, from ZUS contributions for 3 months (March-May) - the exemption applies to contributions for the entrepreneur and persons working for him/her; the self-employed with income up to 3 times the average remuneration can also benefit, paying contributions only for themselves;
• parking allowance of up to about PLN 2,000 - for contractors (contract of mandate, agency agreement, contract for specific work) and the self-employed with income below 3 times the average wage;
• For the self-employed on the tax card the benefit will amount to PLN 1300, while for contractors, whose total income from civil law contracts is less than PLN 1300, it will amount to the amount of lost income;
• Employee wage subsidies - up to 40% average monthly wages and flexible working hours - for companies in trouble;  
• Consumer protection against excessive price increases and other unfair practices;
• Temporary abolition of the grace fee when deferring or spreading into instalments tax and social security (ZUS) dues;
• Allowing donations made to counter COVID-19 to be deducted from income (revenue);
• more favorable loss accounting rules;
• ARP's support for transportation companies in refinancing leasing contracts;
• tourism industry facilitation;
• Allowing stores - on non-trading Sundays - to receive goods, unload them and put them on the shelves;
• extension of legal residence and work permits for foreigners;
• waiver of contractual penalties for epidemic-related delays in the execution of tenders;
• Allowing a municipality's council to waive, for a portion of 2020, the collection of property taxes from businesses that have been rendered insolvent by the coronavirus outbreak;
• extension of bank revolving credit facilities, based on financial data as of the end of 2019;
• de minimis guarantees from BGK;
• BGK's interest subsidies;
• liquidity funds of BGK, PFR and KUKE, including the possibility for medium and large companies to obtain - from the PFR Investment fund - capital increase or financing in the form of bonds - jointly worth PLN 6 billion.

For more information on the individual solutions, please visit https://www.gov.pl/web/tarczaantykryzysowa. In addition to knowledge about the topic, there are application forms, the vast majority of which can be submitted via a trusted profile be e-evidence. With this solution, things can be done quickly and safely without leaving home.

Source : www.gov.pl/web/tarczaantykryzysowa