Financial transaction tax
Impact estimate for an LLC (s.r.o.)
Estimate the impact of the financial transaction tax on outgoing payments. This version also reflects the €0.01 minimum per transaction and the annual €2 tax per payment card used.
Auto = volume / number of transactions
Annual card tax: €2.00 for each card used during the year
The calculator applies a minimum tax of €0.01 per outgoing transaction and a cap of €40.00 on non-cash transfers.
| Payment type | Amount | Rate | Tax |
|---|---|---|---|
| Micro payment (€1) | €1.00 | 0.4% (min €0.01) | €0.01 |
| Small payment (€50) | €50.00 | 0.4% | €0.20 |
| Medium payment (€500) | €500.00 | 0.4% | €2.00 |
| Large payment (€5,000) | €5,000.00 | 0.4% | €20.00 |
| Capped payment (€10,000+) | €10,000.00 | 0.4% (max €40) | €40.00 |
| Cash withdrawal (€1,000) | €1,000.00 | 0.8% | €8.00 |
| Cash withdrawal (€10,000) | €10,000.00 | 0.8% (no cap) | €80.00 |
- 1.Consolidate payments: Combine multiple small payments to one supplier into a single larger payment (e.g., weekly instead of daily).
- 2.Offsetting (netting): Mutual set-offs are not subject to transaction tax – use them where applicable.
- 3.Direct debit: Payments via direct debit are exempt from transaction tax.
- 4.€0.01 minimum: Very small outgoing payments are still taxed at the minimum amount per transaction.
- 5.€40 cap: For payments above €10,000, the tax is capped at €40 per transaction.
- 6.Be careful with cash: Cash withdrawals are taxed at 0.8% with no cap – prefer cashless payments.
Important notice
This calculator provides an indicative estimate. Some payment types may be exempt from transaction tax (e.g., wages, mandatory contributions or taxes). Card payments are not subject to the percentage rate, but the annual payment-card tax still applies. For an exact assessment of your situation, consult a tax advisor.