Terminal Tax Date – What Does it Mean?

What is a terminal tax date?

A terminal tax date is the date on which any additional income tax required to satisfy your liability is due. The date on which your terminal tax is due depends on your balance date and if you have an extension of time arrangement. Most taxpayers will pay terminal tax on 7 February or 7 April.

Terminal tax date – video guide

Gino Orejana, our Client Care Specialist, explains what a terminal tax date is.

Further Resources for Paying Tax: