On 26 September 2026, the Inland Revenue Department published an urgent tax payment notice highlighting that the final income tax payment for the Year of Assessment 2025/2026 falls due on 30 September 2026. This notice serves as a final reminder to all taxpayers who have not yet settled their outstanding tax liability for the assessment year. The IRD warns that failure to pay by the due date will result in automatic interest charges and potential penalty assessments.
Key Takeaways
- Imminent Deadline: The payment must be made on or before 30 September 2026 to avoid additional charges.
- Calculation Basis: The final payment equals the total tax liability for Y/A 2025/2026 minus any advance tax, PAYE, or withholding tax credits already claimed.
- Electronic Filing Encouraged: The IRD strongly recommends using the e-Services platform for instant acknowledgment and record-keeping.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement