Making instalment (interim) payments
Instalments are periodic payments that registrants have to send us towards the net tax owing on their annual GST/HST return. If you are an annual filer and your net tax in a fiscal year is $1,500 or more, you have to make equal quarterly instalment payments in the following fiscal year. You can make your payments electronically, at your financial institution or by mail.
The GST/HST return you file at the end of the year will reconcile your instalments with the amount of net tax you actually owe. Include any payments owing to balance your instalments with the total net tax for your reporting period.
Note
Businesses with branches or divisions that file separate returns should note that this $1,500 limit applies to the total net tax for the whole business, including all branches and divisions.
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