Belka Tax Calculator
Calculate the Belka tax (19%) on interest, dividends, and capital gains from securities. Find out how much you will pay and how much you keep after tax.
Calculator · Investing
Calculate the dividend yield and the net amount after Belka capital gains tax. Enter the share price and the dividend per share, and the calculator works out the yield.
Dividend yield = (dividend / share price) × 100%. Tax = dividend × 19%.
Dividend yield: 5%. Belka tax: 0.95 PLN. Net dividend: 4.05 PLN per share.
Dividend yield is the dividend per share divided by the current share price, expressed as a percentage. It shows the annual cash return relative to the price you pay.
Dividends are taxed at a flat 19% (the Belka tax). For a 5 PLN dividend the tax is 0.95 PLN per share, leaving 4.05 PLN net.
For shares held with a Polish brokerage the tax is usually withheld and paid automatically. For foreign dividends you may need to settle the difference in your annual return.
Not necessarily. A very high yield can signal a falling share price or an unsustainable payout. Always check the company fundamentals as well.
No. Yield covers only the cash dividend. Total return also includes any change in the share price over the holding period.
Most Polish listed companies pay once a year, though some pay quarterly or interim dividends. The schedule is set in the dividend resolution.
Indicative result
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