The Inland Revenue Department (IRD) is reminding all taxpayers to make their final income tax payments for the Year of Assessment 2023/2024 by September 30, 2024. In a notice issued to taxpayers, the IRD warned that failure to meet this deadline could result in penalties and interest charges. It further emphasized that penalties and interest for late or non-payment of income tax will not be waived or reduced.
Additionally, the IRD has urged taxpayers to settle any outstanding default taxes by October 30, 2024. After this date, unpaid default taxes will be subject to strict collection measures, including legal proceedings under the Inland Revenue Act.
For further assistance, taxpayers are encouraged to contact the IRD through their hotline at ‘1944’ or visit their nearest IRD Regional Office.
