Financial apps like Revolut have dramatically changed the way we invest. Using them, you can quickly buy shares, ETFs or cryptocurrencies. However, the use of these tools involves the obligation to settle taxes correctly.
In Poland, profits from investments through Revolut should be settled in the annual PIT. This obligation rests with taxpayers, as they do not receive typical fiscal documents.
Have you made money with Revolut? You must include this in your PIT
As a reminder: in Poland, profits from investments made in fintechs such as Revolut are subject to Belka tax. This is a flat rate of 19%. capital gains taxwhich includes interest on deposits, savings accounts, dividends and profits from stock market investments. It is collected automatically from the net profit generated (not from the paid-in capital).
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As Pit.pl reminds, all profits from the sale of shares, ETFs, cryptocurrencies and dividends, as well as interest, must be reported in the annual tax return, even if the funds were not withdrawn from the application. Importantly, tax liability arises when the financial instrument is sold, even if the money remains on the account in the application and has not been transferred to the bank account.
Profits from Revolut must be included in the PIT return for 2025.
As the PIT.pl website reminds, income from stock investments and cryptocurrencies is settled on the PIT-38 form. Moreover, income obtained abroad – and this is the case with Revolut – in many cases it may also be necessary to attach a PIT/ZG attachment. This is where the taxpayer reports foreign income and any tax paid in another country.
It is worth remembering that in the case of many Polish brokerage offices, the taxpayer receives a PIT-8C. It already contains a ready summary of income and investment costs. Revolut does not issue PIT-8C, so the investor must download the transaction report from the application on his own.
How to settle transactions with Revolut in PIT for 2025? Step by step instructions
A Revolut account holder who wants to legally show investment profits can download the necessary information quite easily. Just log in to your account and go to the documents section to generate a report for a given tax year. The file can usually be downloaded in PDF or CSV format, which facilitates subsequent calculations.
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The document should include, among others: date of the operation, type of financial instrument, number of units held or sold, or purchase and sale price. The obtained data should be converted into Polish zlotys. As the PIT.pl website reminds, most often, the average exchange rate announced by the National Bank of Poland on the day preceding the moment of obtaining income or incurring an expense is used.
It is important to correctly determine the costs of obtaining income, e.g. purchase price and commission, and use the FIFO (First In, First Out) method. When selling financial instruments, it is assumed that the units that were purchased earliest are sold first. As the PIT.pl website reminds, the loss must also be included in the return.
