We remind you that, if you have chosen to pay your 2025 income tax on two installments, November 5, 2026, is the deadline for paying the second installment (the remaining 40% of the tax liability) for the 2025 tax year.
Taxpayers who have chosen to pay their 2025 income tax in two installments and who have also set up automatic payment for the second installment with the participating financial institution where they paid the first installment do not need to fill out any form (in this case, Form 102), since submitting the payment document (Form 100) to that participating financial institution, with the direct debit information duly completed, will serve as a debit order for that second installment.
Taxpayers who, having opted to pay in installments, have not set up direct debit for the second installment with a participating financial institution must make that payment directly by November 5, 2026, inclusive, by filing Form 102, duly completed.
For more information, please contact our tax consulting.
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