Guides / Tax calendar

The Italian tax year, on one page

Written by Dott. Giacomo Guella — tributarista · Lesa, Lake Maggiore

Italy does not remind you. There is no annual statement, no assessment in the post, no text message the week before. The deadlines simply arrive, and the penalty regime starts counting the following morning. This page is the whole year in one place — print it, or let us hold it for you.

The fixed dates

Applies to a private non-resident owner letting residential property. Dates falling on a weekend or public holiday shift to the next working day.

First half of the year

IMU — first instalment. Half the year's municipal property tax, calculated on the rates in force. Paid by F24.16 June

Income tax — balance for last year plus first payment on account. Cedolare secca or IRPEF, whichever regime applies to you.30 June

Same payment with a 0.40% surcharge, if you need the extra month.31 July

Second half of the year

Short-term rental withholding reconciliation — relevant where platforms withheld during the season and the figures need checking before the return is filed.September

Modello Redditi PF — electronic filing deadline. The return itself, covering the previous calendar year.31 October

Income tax — second payment on account.30 November

IMU — second instalment. The balance for the year, recalculated on the municipality's final rates.16 December

What each one actually is

The two IMU dates are not a bill split in two. June is a provisional payment on last year's rates; December settles the year at the rates the municipality actually approved. Municipalities do change them, which is why paying the June figure twice is a common and avoidable error.

The June income tax date carries two payments at once — last year's balance and the first instalment towards the current year. Owners who budget only for the balance are regularly caught out by the size of the June transfer.

31 October is the filing date, not the payment date. Missing it is a separate breach from paying late, with its own penalty, even if the tax was paid in full in June.

What late costs

Paid within 14 days → a very small daily penalty plus interest.
Paid within 30 days → around 1.5% of the tax.
Paid within 90 days → around 1.7%.
Paid within the year → around 3.75%.
Return never filed → the penalty regime moves from a percentage of the tax to a multiple of it.

These are the reduced rates available through ravvedimento operoso, and only while the tax office has not yet acted. Once an assessment issues, the reductions disappear. If you already have missed years behind you, that is a different procedure — see our guide on undeclared rental income.

Paying from abroad

Everything on this calendar is paid by F24, the Italian unified payment form, which needs the correct tax codes, the municipality's code for IMU, and the year. Without an Italian bank account the form must be settled through an authorised intermediary — which is how we do it for clients, along with the dated receipt that proves the payment was made on time.

Stop tracking these yourself

The subscription includes a written reminder before every date on this page, the calculations, and ready-to-pay F24 forms. €470 a year, one property included.

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