The interest rates for the standard arrangement of repaying debts to the state will remain unchanged for another year, until March 2026.
With this move, the Ministry of National Economy and Finance assists thousands of taxpayers who are unable to meet their tax obligations, by including income tax and the Single Property Tax (ENFIA) in the standard arrangement of 24 or 48 installments, as the case may be.
With this specific provision, the ministry is keeping the cost of servicing the arranged debts stable, protecting taxpayers from further financial burdens. The goal is for them to continue to repay the arrangement tranches to which they have agreed.
Based on the new provision, the interest rate on the installments for confirmed debts that have been included in a regulation will remain unchanged until March 31, 2026, maintaining the levels that were in effect until March 31, 2024. The stabilization of interest rates concerns both the initial arrangements and the new ones.
The annual interest rates remain at 4.34% for debt repayment in up to 12 monthly installments and at 5.84% if the taxpayer chooses to repay the debt in more than 12 tranches. For late tax payment, interest is imposed at 0.73% for each month of delay, or 8.76% per year.
The ministry’s decision is part of the strategy to reduce private debt and avoid a new generation of unpaid debts from taxpayers who, due to financial constraints, are unable to meet their obligations.
According to the legislation, debts to the tax office can be repaid in up to 24 monthly installments, or up to 48 if they are debts confirmed from inheritance tax, by tax and customs audit, as well as non-tax and customs debts.
The number of installments is determined by the tax administration based on the debtor’s repayment capacity, but in no case can the amount of the monthly installment be less than 30 euros.
The arrangement is validated by the payment of the first installment within three working days of the day the application is submitted. The following installments are paid on the last working day of the following months.