Andorra's 2025 Income Tax Campaign Hits Record €91M Revenue

Andorra's 2025 personal income tax campaign ended with €91.2 million in revenue and nearly 30,000 declarations filed, officials reported.

The total collection reached €91,226,896, with 29,706 declarations submitted during the April to 30 September period. Of this amount, 42%—more than €38 million—came from the voluntary filing phase between April and September.

Carles Ferreira, director general of Taxes and Borders, linked the rise from last year's €73 million to economic expansion, growth in work and savings income, and the first-time inclusion of €5.7 million from property sale capital gains, previously covered by a separate tax. He noted the figure aligned closely with initial forecasts presented in April 2026. Breakdowns showed €23.6 million from work income withholdings, €11.4 million from movable capital income withholdings, and €12.3 million from economic activity instalments.

Among the declarations, 15,623 required payments totaling €43.2 million, while 8,310 resulted in refunds of €4.9 million. The remaining 5,773 had zero balance. Some 85.41% were filed online, with 55% submitted in September—down from 64% the previous year, reflecting a more even spread.

Ferreira pointed to new relief measures that offset some effects, such as per-dependent deductions rising from €750 to €1,000 and primary residence mortgage relief increasing from €1,000 to €5,000. He described the rise in core revenue as broad-based.

No major technical issues arose despite the volume. Fraud figures remain unavailable as reviews continue, including on non-filers. On the €24,000 tax-free threshold for work income—which excludes nearly half of such earnings from the tax base—Ferreira said the department would not evaluate potential changes.