Prepayments on rental income or sales profits

Prepayments refer to advance taxes that must be paid on various types of income, including rental income, capital gains on assets and income from foreign sources (such as pension income). Prepayments must be paid if tax is not withheld directly from the income. “Prepayment” is therefore not the same as the amount withheld from your wage income, etc. based on the tax rate shown on your tax card.

You can request prepayments, changes to your prepayments or cancellation of prepayments during the tax year. You can request and pay an additional prepayment from December in the tax year up until the completion of your tax assessment.

The minimum prepayment amount is €170. If your calculated prepayment amount is less than €170, you do not have to pay it in advance but it will be included in your regular tax assessment.

The due date for prepayments is the 23rd of the month. If the 23rd does not fall on a banking day, the due date is the next business day.

Instructions for different situations

You can request prepayments, changes to your prepayments or cancellation of prepayments up until the completion of your tax assessment. Your prepayment instalments remain in effect until you receive a new decision. If you have not received a new decision by the due date, pay the prepayment in accordance with the previous decision.

Go to MyTax

See the guidance: How to request or change prepayments in MyTax

You can also use these paper forms:

Additional instructions on the following types of income:

Business income is also subject to tax prepayment. Read more about prepayments related to business operations. 

If you have paid too little tax 

If  you notice that you have not paid enough tax (year 2021), you can make an additional prepayment. In other words, you can request an additional prepayment for the previous year’s taxes.

If the due date for the additional prepayment is in January, you do not have to pay late-payment interest with relief. If the additional prepayment you make is sufficient, you do not have to pay back taxes.

See instructions and deadlines (private individuals and the self-employed)

Select one of the options below.

Option 1: You wish to use the MyTax e-service

  • Request an additional prepayment in MyTax
  • You can request an additional-prepayment calculation and you avoid having to pay interest if you pay the amount by 31 January 2022.
  • The request can be submitted and the payment made at any time, up to the date when the Tax Administration completes your assessment for the 2021 tax year.  However, if the payment’s due date is a later date than 31 January, there will be an interest for late payment added to it. Read more about the late-payment interest with relief
  • You can decide on the due date yourself. 
  • If you also know the exact amount you need to pre-pay, the bank information for payment and the Tax Administration’s decision on acceptance of your prepayment appear in MyTax as soon as you have saved your data-entry fields. 

Option 2: You wish to call our service number

  • Call us on 029 497 000/Tax cards and prepayments (limited service available in English, stardard call rates apply).
  • You can request an additional-prepayment calculation and you avoid having to pay interest if you pay the amount by 31 January 2022.
  • The request can be submitted and the payment made at any time, up to the date when the Tax Administration completes your assessment for the 2021 tax year.  However, if the payment’s due date is a later date than 31 January, there will be an interest for late payment added to it. Read more about the late-payment interest with relief
  • You can decide on the due date yourself. 
  • If you also know the exact amount you need to pre-pay, the bank information for payment and the Tax Administration’s decision on acceptance of your prepayment appear in MyTax as soon as you have saved your data-entry fields. 

Option 3: You wish to use a paper form

Example: You sold shares on 15 August 2021. Your profit from the sales was €2,000. You can request an additional prepayment and pay tax on the sales profit without late-payment interest with relief between 1 January 2022 and 31 January 2022 in MyTax.

If you do not make the additional prepayment until after January or if you pay the missing amount as back taxes, you will also have to pay late-payment interest with relief.

Read more about

Frequantly asked

Unfortunately, you cannot. If the due date is a February date, it means that you must pay late-payment interest with relief for the February days. Read more about the late-payment interest with relief.