The quarterly advance payment is filed between the 1st and the 20th of April, July, and October, with the fourth quarter filed in January.
Under direct assessment, the advance payment is calculated on the net earnings accumulated during the year: income minus deductible expenses, applying the percentage set by law and subtracting what you paid in earlier quarters and the withholdings your clients made. If most of your income already carries withholding by your clients, you may be exempt from this payment.
The typical mistake is not setting money aside for the annual return. Advance payments are on account and, if the year goes well, the annual return may still show an amount to pay. People also often forget that the autónomo quota and many business expenses reduce their earnings.
IRPF also appears as withholding: if you are a professional, invoices you issue to businesses and autónomos usually carry withholding, and if you pay employees or rent premises, you withhold the tax and pay it to the tax agency every quarter. An SL does not pay IRPF on its profit but Impuesto de Sociedades. In kontora the quarterly modelos are prepared box by box from your books, with deadline reminders.
Guides that use this term
- The autónomo's Spanish income tax return, step by step
- Are you a Spanish tax resident? The 183-day rule, and the other two almost nobody looks at
- Modelo 131: the quarterly IRPF prepayment under módulos
- Modelo 130: paying your IRPF in advance as an autónomo
- Renting out a property in Spain as a non-resident: what you pay and when you declare it
Related terms
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