New savings taxation – keeping money in your account will become unprofitable

Poles have been investing their savings in banks for years, treating savings accounts and deposits as a safe haven for capital. However, in 2025 there were reports of possible new saving tax, which would in addition be charged to persons collecting funds in bank accounts. Will keeping money in your account become unprofitable? What changes can save people in Poland?

New savings taxation – what do we know?

Currently, Poland is in force Belka taxwhich is 19% and relates to capital revenue, including investments, savings accounts or bonds. However, the government is considering further changes in the taxation of savingswhich could further reduce the profitability of bank storage.

Proposals for fresh burdens arise in the context of combating inflation and the request to increase budgetary revenue. Although the details of possible changes have not yet been announced, economists point to respective possible scenarios:

• Belka taxation increase – possible increase from 19% to up to 25%,
• Introduction of a large deposit levy – persons with over PLN 500,000 in accounts could be subject to additional tax,
• New return on capital gains – e.g. interest on deposits above the set threshold.

Will savings in the bank halt paying off?

If the government decides to introduce fresh taxes, keeping large amounts in bank accounts can become little attractive. The interest rate on savings accounts and investments in many banks is already low and, given inflation, real profits are minimal.

Example: how much will the saver lose?

Suppose individual deposited 100 000 PLN per deposit with 5% interest per year. After 1 year, it will receive:

• PLN 5 000 gross interest,
• After subtraction Belka taxation (19%), stays 4 050 PLN net,
• If the fresh taxation was e.g. 25%, net profit would fall to 3 750 PLN,
• In addition, if inflation is 6%the real value of the capital falls.

This means that keeping savings on investments is no longer profitable, and many Poles will start looking for alternate ways of protecting capital.

How can Poles defend their savings?

If savings in bank accounts become little profitable, Poles may be curious in another forms of capital placement. Here are any popular options:

1. taxation bonds

Retail bonds, in peculiar indexed inflation, are 1 of the safer investment options. presently 4-year bonds offer interest rates of around 7%Which inactive surpasses most of the deposits.

2. Investment in real estate

Buying an flat for rent is inactive a popular way to defend capital from inflation. However, fresh taxes specified as tax on empty housing, may reduce the profits from this form of investment.

3. Investment funds and exchanges

Those willing to take higher risks may consider investment in ETF shares and funds. In the long term, capital markets offer higher returns than conventional savings.

4. Gold and precious metals

Gold has been considered for years a safe haven in times of crisis. The increase in interest in this natural material among Poles may consequence from concerns about the future of the taxation system.

Will the government decide on a fresh tax?

Bye. no authoritative decisions, however, experts point out that the government can address additional burdens for those with large savings. The increase in Belka taxation or the introduction of a fresh taxation on bank deposits are real scenarios, especially in the face of rising budget expenditure.

A fresh saving tax, if it enters into force, can importantly influence the way Poles manage their finances. Keeping money in bank accounts will become little profitable, and investing in bonds, real property or funds can gain popularity. It's worth it for now. closely follow government decisions and consider alternate ways to defend capital against inflation and taxes.