IRS: Tax authorities simplify requests for payment in installments.
IRS amounts payable up to five thousand euros do not require the presentation of a guarantee.
With the IRS payment deadline approaching, the Tax Authority allows requests for payment in installments of this tax to be made online. Values ​​up to five thousand euros do not require the presentation of a guarantee.
With the Tax Authority (AT) reinforce requests for taxpayers to stay at home and use digital channels, simplified the process for requests for payment of the IRS in installments.
With the payment deadline for this tax ending on 31 August and with more contributors in difficulty due to the pandemic, the process for parceling out the IRS payment has been simplified, being available online.
So, if you have an outstanding amount of up to five thousand euros and “do not owe any other taxes administered by the Tax Authority”, it is possible to divide the payment amount into a maximum number of 12 benefits. The number of installments depends on the amount owed: if you have a payment between 204 and 350 euros you can only pay in two installments, for example.
Outstanding amounts (between): 204 and 350 euros: 2 benefits (maximum number), 351 and 500 euros: 3 benefits, 501 and 650 euros: 4 benefits, 651 and 800 euros: 5 benefits, 801 and 950 euros: 6 benefits, 951 and 1.100 euros: 7 benefits, 1.101 and 1.250 euros: 8 benefits, 1.251 and 1.400 euros: 9 benefits, 1.401 and 1.550 euros: 10 benefits, 1.551 and 1.700 euros: 11 benefits and 1.701 and 5.000 euros: 12 benefits.
For a debt owed up to five thousand euros, no guarantee will be required, nota a AT. If the value is above and more than 12 benefits, the tax authorities indicate the need to provide a guarantee.
The application can be requested through the Finance Portal, within up to 15 days after the deadline for payment of the bill of collection, explains the tax authorities, on a note. In the benefit plan options, the amount to be paid and the option to do a simulation will already be indicated. In this field, depending on the interval in which the amount to be paid is inserted, it is possible to select the maximum number of installments. The taxpayer will be asked to justify why he is requesting this installment payment plan.
After order completion, the Treasury says that, verifying that the applicant has no other debts, “The order is granted automatically”.
The AT indicates that the total tax is divided into monthly and equal installments, being that in the first installment “the fractions resulting from rounding” will be added and that “to the value of each installment, the interest on arrears will be counted on the respective amount from the end of the period paid voluntary payment until the month of the respective payment”.
Installments must be paid by the end of each month and, in case of any failure, the tax authorities will proceed to collect the total amount payable.
