We pay income tax at the last minute
As a general rule, we put our less favorite things off until the last minute This also applies to the income tax payment.
According to our statistics, up to two thirds of clients leave this task for the last week of March. One of the reasons may be the fact that the payment via Internet bankingTB can be entered as late as Monday, March 31, 2014 by 9:00 pm.
Payments via Internet bankingTB are made by clients of various age groups - according to last year's data the youngest user was 15 years old and the oldest 98 years old, with the average age being approx. 40 years. The share of women and men was almost the same, with a slight majority of men (54%).
Internet bankingTB in Tatra banka is, traditionally, the most used banking channel to make payments. Fourteen times more payments are made this way than at branches.
The busiest day, when clients make most transactions with largest amounts, is usually Monday. It can thus be expected that unlike last year, when the last day to pay income tax because of Easter was Thursday, March 28, 2013, this year clients will use the last possible date - Monday, March 31, 2014.
We recommend that clients check their payment in the account transactions (the reason for a failed payment may be exceeding the Internet banking limit or insufficient funds in the account).
When to pay income tax:
In this event, the tax authority deems the date of payment as the date when the payment is debited from a taxpayer's account. Clients can thus make their payments by March 31, 2014, by the following times at the latest:
- at a branch by 2:00 pm.
- via Gemini5, Multicash systems by 6:00 pm.
- via Internet bankingTB, Tatra banka application, DIALOG Live contact center by 9:00 pm.