Revolut has become an almost indispensable part of everyday life in Slovenia. People use it for payments, saving, investing, travel, and managing personal finances. But among all its features, Flexible Account still raises the most questions because it offers attractive daily interest. Even though we are already in April 2026, many people are still wondering how taxation works, whether the interest must be reported to FURS (the Slovenian Financial Administration), and what to do if they have already missed the deadline for 2025.

If you want the short answer, it is very simple: interest from Revolut Flexible Account must be reported to FURS. This applies to any amount, even just a few cents. The reason is not that these are classic bank interest payments, but rather the nature of the product that Revolut offers.

Understanding Flexible Account: why this is not bank interest

Although Revolut shows the interest in the app in a way that looks similar to banks, Flexible Account is not actually a deposit. Funds that a user puts into this account are automatically invested in the so-called Fidelity Institutional Liquidity Fund, a money market fund based in the EU. This means the interest is not treated as bank interest, but as income from an investment fund. FURS confirmed this position back in 2024 and continues to apply it in 2026.

The key consequence is that the user must report interest from this source to FURS every year, regardless of whether they withdrew it or left it in Revolut. What is taxed is the income earned, not the payout. This is an important distinction, because many users mistakenly think reporting is not required if the interest stays in the app.

How reporting interest works in 2026

Reporting interest from Revolut Flexible Account is done using the DOH-OBR form, which is intended for declaring personal income tax on interest earned abroad. In the form, you need to select the income type as foreign interest income, list Lithuania as the source country, and enter Revolut Securities Europe UAB as the payer. You need to enter the gross interest amount, meaning the figure that Revolut shows as Total earned interest. Because Revolut does not withhold tax, you should enter 0 in the field for foreign tax.

The deadline for filing the return for 2025 was 28 February 2026. If you have already missed the deadline for 2025, you can still file the return afterwards. FURS will usually send a notice first, and only then is there a potential fine. With smaller amounts, it often happens that the user receives only a warning, but it is not wise to rely on that. It is best to file the return as soon as possible, because the procedure is relatively quick and simple.

Where to find the data FURS needs in Revolut

Revolut allows you to export an annual statement easily. In the app, open your profile, select Documents and statements, then Consolidated statement, and choose the tax year. In the PDF document, look for the line Total earned interest. That is the amount you report in the DOH-OBR form. The document also contains other information that FURS does not require, but it is useful for your own records.

How much tax applies in 2026

Income from investment funds is taxed at a flat rate of 25 percent. The tax is final, which means it is not included in your annual personal income tax return and it cannot be reduced through allowances. Unlike shares, there is no time-based reduction in the tax rate here. No matter whether you keep money in the fund for one year or twenty years, the rate stays the same.

If you received 200 euros of interest in 2026, FURS would calculate 50 euros in tax, leaving you with 150 euros net. If you want to check your own calculations, you can use the financial calculators on FinPortal.si.

Quick calculation

If you are comparing alternative saving options, these calculators may help:

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What about Revolut Savings and why users often confuse it with

Flexible Account

Revolut offers two types of saving that users often mix up. Flexible Account is a money market fund and you always have to report it. Savings, or Protected Savings, on the other hand, is a classic deposit covered by a bank deposit guarantee. It is subject to the rules for foreign bank interest. You only report it if in one year you exceed one thousand euros of interest. This is an important distinction, because many users incorrectly report one or the other, which can cause problems when filing their tax return.

The most common mistakes users make in 2026

Of course, it happens that users think Revolut itself reports to FURS. That is not true. Revolut reports to the Lithuanian authorities, not the Slovenian ones. Another common mistake is reporting net interest instead of the gross amount. Some people forget the deadline or think the tax has already been paid, even though Revolut does not withhold tax. A lot of confusion is also caused by mixing up Flexible Account and the Savings account, since both show interest, but they are completely different products.

Is Flexible Account worth it in 2026

Despite the tax, Flexible Account is still an attractive option for most users. Interest rates are often higher than in Slovenian banks, the funds are liquid, and the fund is regulated in the EU. Even after paying tax, the net return is often better than with classic fixed-term deposits. If you want to check which option makes more sense for you, you can use the deposit comparison or the investment calculator on FinPortal.si. There you can also calculate how much you would earn if, instead of keeping the funds in Revolut, you left them in a domestic bank or invested them in another product.

Conclusion

Revolut Flexible Account is a simple and attractive way of saving, but it requires a bit of attention when it comes to taxes. Because it is an investment fund, you must report the interest to FURS every year, regardless of the amount. Once you understand the rules, the process is straightforward and you can make use of the high interest Revolut offers without unnecessary worry. If you want to further optimize your finances, you can find many calculators, comparisons, and guides on FinPortal.si that help you make better financial decisions.