453 – Income tax paid in instalments
Enter the total of the instalments you paid for 2023, which may be shown on the copy of form TPZ-1026.A-V, Instalment Payments Made by an Individual, that you received for the purposes of your March 2024 payment.
We charge interest, compounded daily, on any instalment (or portion thereof) not paid by the due date. If the amount paid is less than 75% of the required instalment, additional interest of 10% per year, compounded daily, is charged on the unpaid portion of the instalment.
