How to Get Your Revolut Tax Statement Fast
44sPractical, time-saving tip for a common pain point—tax season—appeals to a broad audience.
▶ Play ClipAI Summary
The video demonstrates how to download a tax statement from Revolut and use AI to summarize it for tax filing purposes.
[00:01]
Downloading the tax statement
In Revolut, go to account details, select tax statement, and choose the year 2025. The document can be sent to an account manager or processed personally.
[00:14]
Using AI to summarize the document
The tax statement is very long, so the creator uploads it to an AI tool like ChatGPT, which provides a summary of key tax-relevant items.
[00:27]
Key tax items identified
The AI summary highlights interest earned on the interest-bearing account (box 27), flexible money market funds in euros, pounds, and dollars, robot advisor dividends, currency conversion gains, and earnings from invitations, accounts, and balances.
[00:55]
Final summary and advice
The AI provides a concise summary of what needs to be reported, making the tax filing process easier.
Using AI to summarize Revolut tax statements can save time and help identify all taxable income categories, including often-overlooked items like currency conversion gains.
Mentioned in this Video
Tutorial Checklist
Study Flashcards (3)
How do you download a tax statement from Revolut?
easy
Click to reveal answer
How do you download a tax statement from Revolut?
easy
Click to reveal answer
Go to Account > Details > Tax Statement and select the year 2025.
00:01
What tool can be used to summarize a long tax document?
easy
Click to reveal answer
What tool can be used to summarize a long tax document?
easy
Click to reveal answer
An AI tool like ChatGPT.
00:14
What tax items are highlighted in the AI summary?
medium
Click to reveal answer
What tax items are highlighted in the AI summary?
medium
Click to reveal answer
Interest earned, money market funds, robot advisor dividends, currency conversion gains, and earnings from invitations, accounts, and balances.
00:27
💡 Key Takeaways
🔧
AI-powered tax document summarization
Shows a practical use of AI to simplify a complex financial document.
00:14
💡
Overlooked taxable income categories
Highlights less obvious income sources like currency conversion gains that users might miss.
00:27Full Transcript
[00:01] make a video showing how to download your tax statement from Revolut and what it looks like. In Revolut, you can go to your account, details, tax statement, and select the year 2025. You can then send this to your account manager, or if you want to do it
[00:14] yourself, since it's a very long document like this one, with pages and pages, which is my case, what I've done is give it to the cloud, the artificial intelligence. I suppose you can do it with GPT chat; you can type as badly
[00:27] as I did just now, and it will give you a summary. Your interest-bearing account has earned this gross interest. Go to box 27 and pup pum. Flexible money market funds that held euros, pounds, and dollars. This has also been earned in
[00:40] this box. If you had a robot advisor that has distributed dividends, gains from currency conversion because I've been traveling and changing things that I hadn't even thought about . Earnings from invitations, accounts, and balances. Here's
[00:55] a summary of what you need to do. And that's it. I hope you find it useful.
