End of February marks the expiry of deadline for filing various personal income and income tax returns for 2022, namely:
- tax return for assessment of personal income tax on capital gains (i.e. profit from disposal of securities and other holdings and investment coupons, interest on cash deposits, other interests and dividends);
- tax return for assessment of personal income tax on rental of property; and
- tax return for assessment of income tax on disposal of derivative financial instruments.
The above tax returns can be filed electronically via eDavki web portal or on a pre-determined form, which can be filed in person or by registered post at the competent financial office on 28 February 2023 at the latest. Detailed instructions on filing of the above tax returns are included in the Public call of the Slovenian Tax Authority (available in Slovenian language).
Income from capital gains is taxed at a 25% rate, which decreases after every five years of holding period, equalling to 20% after the first five years, 15% after 10 years and 0% for a holding period greater than 15 years. Interest paid in banks and savings banks in Slovenia or the EU is taxed only above EUR 1,000, whereby the interest paid by a bank or savings bank outside of EU is taxed regardless of the amount.
All taxpayers who leased movable or immovable property to natural persons in 2022 must file a tax return for assessment of personal income tax on rental of property. Income from rental of property in 2022 is taxed at a 15% rate from rents, which can be reduced by claiming standardized costs in the amount of 10%. Instead of claiming standardized costs, taxpayers can claim actual costs incurred for the purpose of maintaining the useful value of the property. Resident taxpayers must declare all income from rental of property originating from Slovenia or outside the country, while non-residents must only declare the income from rental of property originating from Slovenia.
In relation to the assessment of personal income tax on rental of property, the Slovenian Tax Authority recently announced the tightening of supervision in the field.
In relation to derivative financial instruments, the disposal after less than 12 months of holding period is taxed at a 40% rate, after which the disposal rate drops to 27.5% rate and decreases over the years so that after 20 years of holding period the disposal of derivative financial instruments is not subject to taxation.
In addition to the deadline for the above tax returns, the deadline for filing corporate income tax statement and tax statement on advance payment of personal income tax and personal income from business activities for 2022 is approaching. Both statements must be submitted electronically via eDavki web portal by 31 March 2023 at the latest.