Real deposit yield

after PIT 18% + levy 5% and inflation — what a deposit really earns

Parameters

Deposit amount, ₴

Rate, % p.a.

Term, months

Expected inflation, % p.a.

Result

Gross interest15 000,00 ₴

Tax 23%−3 450,00 ₴

Net rate11.55%

Balance at end111 550,00 ₴

In today's money102 339,00 ₴

Real yield2.34% (+2 339,00 ₴)

Real rate per the Fisher equation: (1 + r_net) / (1 + inflation) − 1. A 15% deposit at 9% inflation after the 23% tax yields only ~2.3% of real growth. No intra-term interest compounding.

About Real deposit yield

Real deposit yield — after PIT, military levy and inflation — the true return. Finance: Personal finance management. Use our tools without registration or installing software. All calculations happen in your browser — your data is never sent to a server.