Number of prepayment instalments
The prepayment instalments are based on the prepayment amount to be paid.
Number of instalments: entrepreneurs and other individual taxpayers
Individual taxpayers, self-employed individuals, partners of general or limited partnerships and agricultural operators:
Prepayments are imposed for the tax year. The total prepayment amount and the time at which changes are made determine how many instalments there will be during the year. The maximum number of instalments is 12.
If your business is seasonal (for instance, if you run a summer kiosk or work as a skiing instructor), you can request prepayments only for the months when you earn income.
The minimum prepayment amount is €170. If the calculated prepayment amount is less than €170, you do not need to pay it in advance but it will be included in your final tax assessment.
The payment instalments are determined as follows:
| Amount of prepayments (€) | How many instalments | Months of payment |
|---|---|---|
| 170–500 | 2 | March and September |
| more than 500 but no more than 1,700 | 3 | February, July and November |
| more than 1,700 but no more than 10,000 | 6 | February, April, June, August, October and December |
| over 10,000 | 12 | January through December |
Number of instalments: limited liability companies and other corporate entities
For corporate entities, tax prepayments are imposed by accounting period. The number of instalments per accounting period depends on the total prepayment amount. There are either 2 or 12 instalments and they are equal in amount.
The minimum prepayment imposed is €500. If the amount is less than €500, the tax is not collected until the final tax assessment.
The payment instalments are determined as follows:
| Amount of prepayments (€) | How many instalments | Months of payment |
|---|---|---|
| 500–2,000 | 2 | the third and the ninth month of corporate fiscal year |
| over 2,000 | 12 | January through December |