Transaction tax (DFT) and Revolut/Wise for an s.r.o.: when you must self‑assess + step‑by‑step (2026)
Do you use Revolut or Wise as a corporate account? Then it’s possible that no one will automatically withhold the transaction tax for you and the obligation shifts to your company. This article gives you a clear process: when you are the payer, how DFT is calculated, what OZNDFT is and what records to set up.
Ing. Marián Drozd
Tax advisor, 20+ years of practice
1) What is DFT and who is affected in 2026?
Financial transaction tax (DFT) applies to debit transactions on transaction accounts. From 1 Jan 2026, individual entrepreneurs (SZČO) are no longer taxpayers, so DFT mainly affects legal entities (s.r.o., a.s.) and other organisations.
Revolut/Wise ≠ a Slovak bank
If your account is maintained abroad (Revolut, Wise), no Slovak bank will pay the tax for you. In that case, your company becomes the tax payer and you must calculate and pay the tax yourself.
2) Key distinction: taxpayer vs payer
The taxpayer is the entity that has the tax liability. The payer is the entity that actually remits the tax. With Slovak banks, the payer is the bank. With a foreign account, the payer becomes the company itself.
Quick test: Do you have an s.r.o. + a transaction account outside Slovakia? → you are the payer → you file OZNDFT and pay the tax yourself.
3) When does an s.r.o. become the payer for a foreign account?
If the company carries out financial transactions on a foreign account, it becomes the payer and must calculate, report and pay DFT itself. This applies regardless of whether the provider is Revolut, Wise or another non‑Slovak institution.
4) How DFT is calculated in practice
| Operation type | Rate | Maximum |
|---|---|---|
| Cashless payment (bank transfer) | 0.4% | €40 per transaction |
| Cash withdrawal | 0.8% | No cap |
| Use of a payment card | €2 | Per card / year (if used) |
Important detail about cards
Individual card payment transactions (e.g. paying via a payment gateway) may be outside the tax base, but the use of the card is taxed separately with a fixed amount of €2 per year if the card is used at least once.
5) OZNDFT: what you file and when
The notification of financial transaction tax (OZNDFT) is treated as a tax return. It is filed for each tax period. The tax period is typically a calendar month; for tax where the subject is use of a payment card, the tax period is a calendar year. The filing deadline is by the end of the following month after the tax period. (E.g. for January 2026 by the end of February 2026; for the card-use tax for 2026 by the end of January 2027.)
You can find the OZNDFT form in the Slovak tax authority’s forms catalogue. Always use the current version published on the Financial Administration / Financial Directorate website.
6) Recordkeeping for a foreign account (Revolut/Wise)
The payer must keep records and retain them until the statute of limitations for tax assessment expires. In practice, we recommend saving monthly statements (CSV/PDF) and recording, for each transaction, the type (transfer/withdrawal/card) and the tax base for the calculation.
Download checklist (recordkeeping template)
We prepared a simple spreadsheet template for DFT records for foreign accounts.
Download checklist (XLSX)7) Accounting for DFT (practical note)
Handle DFT accounting and tax deductibility under accounting rules and current guidance; if unsure, confirm the approach with your accountant.
8) Most common mistakes
- • Foreign account → no one withholds the tax → the company does not file OZNDFT.
- • Confusing transaction types (cash withdrawal = 0.8% with no cap).
- • Forgetting the €2 fee for card use.
- • Missing records and statements during an audit.
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