Temporary Tax For 2025
July 21, 2025
The deadline for the payment of the 1st instalment of the Temporary Tax for the year 2025 is 31 July 2025, and the deadline for the 2nd instalment is 31 December 2025.
Who is Obliged to Pay Temporary Tax:
- Individuals with taxable income from sources other than salaries, pensions, dividends, and interest.
- Companies with taxable income.
Payment Method:
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- Through online banking using the payment reference number automatically generated by the Tax Portal upon creation of the relevant liability.
Late payments are subject to a 5% surcharge on the owed amount and interest of 5.5% per annum.
If the annual taxable income calculated temporarily is less than 75% of the final taxable income, there is an additional charge of 10% of the final payable tax. In such cases, the taxpayer has the option to revise the temporary taxable income calculation by 31 December 2025.
How can we help?
For more information or assistance, you can contact us at: 22484429 or [email protected]