Tax on interest in Slovenia 2026: when you pay and how much

Interest you earn on deposits and accounts at banks in Slovenia and other EU countries is tax-free up to a combined €1,000 a year. Above €1,000 you pay 25% tax, but only on the excess. If you earn €1,500 of interest, you pay €125 of tax. You file the return yourself, by 28 February for the previous year.

With interest rates rising again, more people are going over the limit. This article explains how much savings it takes to pay tax, which interest counts towards the limit, how neobanks are treated and how to legally pay less. The rules are summarised from the Slovenian Financial Administration (FURS) guidance, as of October 2026.

How much tax you pay

The tax is based on all interest you receive in one calendar year on deposits at banks and savings banks in Slovenia and the EU. You subtract €1,000 from that total and pay 25% on the rest. The tax is final, so the interest is not added to your salary and does not affect your annual income tax.

The limit applies to each person and to all banks combined. If you earn interest at three banks, add it up.

How much savings it takes to pay tax

How much money takes you over the limit depends on the interest rate. For a one-year deposit:

The highest regular rate for a 12-month deposit in October 2026 is 2.50% at BKS Bank, and promotional offers reach 3%. Current rates at all banks are in the deposit comparison, and the deposit calculator shows how much interest your amount earns.

Maja has €60,000 and locks it in for one year at 2.50%. She earns €1,500 of interest. She pays €125 of tax on the €500 above the limit and keeps €1,375. Her actual return after tax is 2.29% instead of 2.50%.

Which interest counts towards the €1,000 limit

Counted towards the limit:

• interest on fixed deposits and on money in an account (demand deposits) at banks and savings banks in Slovenia,
• the same kind of interest at banks in other EU countries, including online banks such as N26 and bunq,
• interest at Trade Republic, which FURS has said it treats as deposit interest,
• interest on Slovenian government securities issued in 2024 to 2026 and offered only to individuals, i.e. the retail bonds RS94, RS96 and RS99. Interest you receive on these bonds after 2026 counts too.

Not counted and taxed from the first euro:

• interest from banks outside the EU,
• income from money market funds, such as Revolut Flexible Cash Funds,
• interest on other bonds and treasury bills, loans and peer-to-peer (P2P) lending platforms.

If they are paid by a bank or other payer abroad, you must file a return yourself regardless of the amount, on a separate form. If a Slovenian payer pays the interest, for example on a bond issued by a Slovenian company, it withholds the tax and you do not file a return. How to do this for Revolut is explained in our article on Revolut and taxes. A comparison of interest, deposit protection and tax at neobanks is in our article on neobanks in Slovenia. Whether a deposit or a treasury bill pays more after tax is worked out in Treasury bills or a deposit.

How and when to file

You file a return only if deposit interest from banks in Slovenia and the EU exceeds €1,000 in total. You enter all the interest, not just the amount above the limit. FURS subtracts the €1,000 itself and calculates the tax.

• Deadline: 28 February for the previous year. If that day falls on a weekend, the deadline moves to the next working day. For interest received in 2026 it is therefore Monday, 1 March 2027, because 28 February 2027 is a Sunday.
• Form: in eDavki, the “Napoved za odmero dohodnine od obresti na denarne depozite” (return for interest on deposits). If you received more than five interest payments in the year, you must file electronically.
• Decision: FURS issues a decision with the calculated tax by 30 April.
• Payment: within 30 days of receiving the decision.

Slovenian banks send interest data to FURS, but they do not file the return for you. If you do not file on time, the fine is €250 to €400. If you correct it yourself through voluntary disclosure, there is no fine, but you must pay the tax plus late interest.

If you have an account at a bank abroad, such as a neobank, you must report it to FURS within eight days of opening it, using the DR-Račun form. This is a separate obligation from the interest tax return.

Which year interest counts in

Interest counts in the year it is paid out or made available to you. For a one-year deposit this is usually when the deposit matures. If you open a one-year deposit on 1 July, the interest counts in the following year.

With longer deposits, several years of interest can end up in one year. Peter locks in €40,000 for three years at 2.50% a year and receives the interest at maturity. In the year it is paid he receives €3,000 of interest and pays €500 of tax.

He can avoid this. For deposits and savings plans longer than one year, you can give the bank a notice of claiming the tax base under Article 84 of the Income Tax Act (ZDoh-2). The interest is then taxed in the year it accrues, even though you cannot withdraw it yet. Peter would then have €1,000 of interest each year, exactly at the limit, and pay no tax. You give the notice to the bank when you sign the contract, at the latest by the end of the year in which you signed it. It cannot be arranged later.

How to legally pay less tax

Split savings between partners. The €1,000 limit applies per person. If Maja and her partner each lock in €30,000 in their own name at 2.50%, each earns €750 of interest and neither pays tax. In one account they would pay €125.

For long deposits, file the Article 84 notice. As with Peter, the interest is spread across years and you can use the limit every year.

Don’t lock everything in at once. If you have several deposits maturing on different dates, the interest is spread across years, so you are less likely to exceed the limit in a single year. You also have part of your money available sooner.

For longer periods, consider other options. If you are saving for more than 15 years and accept risk, an individual investment account (INR) may suit you better: returns are taxed at 15%, and the first withdrawal after 15 years is tax-free. For money you need within a few years, a deposit remains the simplest choice.

Remember that deposit protection is limited to €100,000 per person at each bank. How it is counted is explained in our article on the €100,000 deposit guarantee.

In short

• Deposit interest at banks in Slovenia and the EU is tax-free up to €1,000 a year per person.
• You pay 25% tax on the excess.
• You file the return yourself by 28 February (for 2026, by 1 March 2027), only if interest exceeds €1,000.
• Banks outside the EU, money market funds and Revolut Flexible Cash Funds are taxed from the first euro.
• You can pay less by splitting savings between partners and by filing the Article 84 notice for deposits longer than one year.

The deposit comparison shows where you get the most interest on money you lock in, and the savings account comparison covers money you want to keep available. How to choose the right term is covered in our article on the best deposit.

This article summarises the rules from FURS guidance (October 2026) and is not tax advice. For special cases, check with FURS or a tax adviser.