Don't forget the IMI! Time to pay is almost over

Othe owners have until the end of August to pay the tax the second provision of the Municipal Property Tax (IMI), reminded the Tax and Customs Authority (AT). This means that the deadline is really ending! 

In a shared publication on social network Facebook, AT recalled: “If the value of your IMI exceeds €500, you must pay the second instalment by 31 August.”.

The IMI payment deadlines

It should be recalled that the IMI is paid annually through a single recovery document (DUC) within the following deadlines:

• In May  
  Single provision – if the tax is equal to or less than €100;
  1st instalment – if the tax exceeds €100;
• In August
  2nd instalment – if the tax exceeds €500;
• In November
  2nd instalment – if the tax is more than €100€ and less than €500;
  3rd instalment – if the tax exceeds €500.

Tax will return IMI charged by mistake: Who? What is this about?

The Tax Authority (AT) has admitted “some anomalies” by unduly charging IMI for 2025 to landlords with rents prior to 1990, committing to repay or deduct in the following instalments the amounts of the tax paid in the meantime.

The AT shall issue the corresponding refund if the tax has been paid in single instalment or in full. In other cases, the difference in the tax will be reflected in the following instalments,” Lusa informed the AT in response to a request for clarification.

Article 46a of the Tax Benefit Statute, in the new wording which entered into force on 1 January 2024, provides that housing leases concluded before the New Urban Rent Scheme (NRAU), a “old” or “frozen” rents, are exempt from IRS and IMI “for the duration of their contracts”.

In the case of IMI, many landlords who applied for the exemption in 2024, and who benefited from it, were confronted this year with the collection of the 2025 tax, even though the lease contracts remain in force.

In the light of the complaints, there were cases in which AT corrected the liquidations of the IMI, and others in which it requested the landlords to submit a new request for exemption from the IMI for 2025, although the law did not mention the obligation to renew the application every year.

In the absence of AT’s indications on how to proceed, some landlords have chosen to pay the amount of the tax collected within the legal deadline until 31 May last.

In the reply sent to Lusa, the AT ensures that “who submitted the request for exemption in 2024, does not need to resubmit it in the following years, since the benefit remains, as long as the terms of the contract are in force”.

The IMI settlement note, which is sent to the owners in April, refers to the property tax of the previous year. Depending on the amount, the tax can be paid at once, or in up to three instalments, in May, August and November.