Second payment of Personal Income Tax for 2024

When the result of the Personal Income Tax return is to be paid, taxpayers can opt for the installment plan offered by the Tax Office in these cases. In this way, it is possible to pay 60% of the tax due within the legal declaration period and settle the remaining 40% later. This installment can be made without having to pay late payment interest or surcharges, and no guarantees need to be provided either.

Therefore, if when filing your 2024 Personal Income Tax return you chose this installment plan, remember that the deadline to settle the remaining 40% is on November 5,2025. For these purposes:

• If you chose to set up direct debit for the payment, it will be enough to ensure that there are sufficient funds in your bank account on November 5 to make the payment on that day (the Tax Office will debit it from your account on that date).

• If you did not choose direct debit, you can make this second payment electronically or directly at any financial institution until November 5. To do this, model 102 must be used.

 

If you have any questions about the second payment of Personal Income Tax, please contact us. Our professionals are at your disposal to provide you with the best tax advice.