Instalments – December 2018

This is a reminder that personal instalments are due on December 15, 2018. The amount due is generally either ½ of the total amount due in April 2018, if you did not receive a request to pay instalments earlier this year, or ½ of the amount remaining from your tax bill in April 2018, less the amount that you were requested to pay on March 15, June 15, and Sept 15, 2018.

Note that my clients can elect to have reminder emails sent out two weeks prior to the instalment due date.

You may also arrange for pre-authorized debit withdrawals from your bank through the CRA’s My Account service.

Failing to prepaid the instalments will result in non-deductible interest charges.