Additional grace period for property tax payments
The Portuguese Tax and Customs Authority (AT) has announced an extension for the payment of the second instalment of the IMI (Property Tax) due in August 2025. Here's what you need to know about the payment schedule, direct debit enrolment, and important deadlines.
Payment Schedule for IMI Amounts Exceeding €500
If the amount payable for the second instalment of the IMI (Property Tax) exceeds 500 euros, the tax is divided into three instalments due on May 31st, August 31st, and November 30th, respectively. For 2025, since the August 31st deadline falls on a Sunday, taxpayers have until September 1st, 2025, to pay the second instalment without penalties.
Direct Debit Enrolment Deadline
For those who wish to pay the second instalment via direct debit, it's essential to enroll and confirm ownership of the bank account before August 15th, 2025. The enrollment process typically involves registering your bank details with the Portuguese Tax and Customs Authority (Autoridade Tributária) and confirming your account ownership to authorize automatic deductions.
Key Dates for Direct Debit Enrolment
- Enrolment deadline: Before August 15th, 2025
- Direct debit payment deadline: If enrolled, the second instalment can be paid until September 1st, 2025
Extension for the Second Instalment Payment
The extended deadline for the second instalment of the tax is September 1st, 2025. The Tax and Customs Authority has not shared any information about the direct debit enrolment process on Facebook.
It's advisable to check the Finance Portal or official Tax Authority communications regularly for any updates or changes. The information about the extended deadline was shared on Facebook by the Tax Authority.
Stay Informed
To ensure you're up-to-date on any changes or updates regarding the IMI (Property Tax) payments, it's crucial to regularly check the Finance Portal or official Tax Authority communications. This will help you avoid any potential penalties and ensure a smooth payment process.
[1] Finance Portal - www.portaldasfinancas.gov.pt [2] Official Tax Authority Communications - www.at.gov.pt [3] Tax and Customs Authority Facebook Page - www.facebook.com/ATportugal
- For individuals whose second instalment of the IMI (Property Tax) exceeds €500, personal-finance planning may require considering the three-part payment schedule, with the second instalment falling on September 1st, 2025, due to the original August 31st deadline falling on a Sunday.
- To facilitate the payment process via direct debit, it's necessary to enroll and confirm bank account ownership by personal-finance deadline of August 15th, 2025, as the second instalment will only be accepted until September 1st, 2025, should enrollment be successful.
