Bogotá's Secretaría Distrital de Hacienda announced that the 2026 vehicle tax can be paid in two interest-free installments [4].
This initiative aims to increase tax compliance and help the city reach its revenue targets while reducing the financial burden on citizens. By offering flexible payment terms, the administration hopes to avoid widespread sanctions for taxpayers.
City officials established a collection goal of 1.7 trillion pesos [2] for the 2026 fiscal year. This target applies to more than 2.4 million vehicles required to pay the tax [1]. To encourage early payment, the city is offering a 10% discount [3] for those who settle their debts before specific deadlines.
According to the administration, the deadlines to secure the 10% discount are April 17, 2026, and May 15, 2026 [5]. These dates provide two distinct windows for owners to reduce their total tax liability, a strategy designed to streamline the collection process.
The Secretaría Distrital de Hacienda said the installment plan is intended to facilitate compliance for the millions of vehicle owners in the capital. By splitting the cost into two payments without added interest, the city seeks to maintain a steady flow of revenue throughout the first half of the year.
Taxpayers can access these benefits through the city's official payment channels. The administration said the measures are necessary to ensure the city meets its fiscal obligations while providing relief to the public.
“The city aims to collect 1.7 trillion pesos by providing interest-free payment options.”
The Bogotá government is utilizing financial incentives, specifically discounts and interest-free credit, to maximize immediate liquidity and ensure a high collection rate. By targeting a specific revenue goal of 1.7 trillion pesos, the city is prioritizing fiscal stability and taxpayer accessibility to prevent the accumulation of delinquent accounts among the 2.4 million registered vehicles.
