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December 15 is the last quarterly income-tax instalment due date for most individuals who have to pay tax by instalments for 2026. This short walks through the Canada Revenue Agency’s usual payment calendar — March 15, June 15, September 15, and December 15 — and the net-tax-owing thresholds that generally decide whether instalments apply.
According to CRA, most individuals outside Quebec may have to pay instalments for 2026 when net tax owing is more than $3,000 for 2026 and also more than $3,000 in either 2025 or 2024. For Quebec residents, that threshold is $1,800. CRA typically sends an August instalment reminder that covers the September and December payments. Late or insufficient instalments can lead to instalment interest.
Farmers and fishers who must pay instalments follow a different schedule: CRA sends a November reminder, and their payment for the year is generally due December 31. When a due date falls on a Saturday, Sunday, or a public holiday recognized by CRA, a payment received on the next business day is treated as on time.
This video is general information for Canadians and small-business owners who want a clear reminder before mid-December. It is not tax advice for your situation. If you received a CRA instalment reminder and want help reading it, BOMCAS Canada can walk through the basics with you.
More from BOMCAS Canada:
Do I have to make tax instalments? https://bomcas.ca/do-i-have-to-make-tax-instalment/
Personal tax services: https://bomcas.ca/services/tax/canadian-tax/personal-tax/
Tax planning for self-employed individuals: https://bomcas.ca/tax-planning-for-self-employed-individuals-in-canada/
Year-end tax planning tips: https://bomcas.ca/year-end-tax-planning-tips-for-individuals-and-businesses/
Small business tax checklist: https://bomcas.ca/small-business-tax-checklist-canada/
Contact us: https://bomcas.ca/contact-us/
BOMCAS Canada
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Edmonton, Alberta T6E 5T4
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info@bomcas.ca
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Sources (official):
- CRA — Payment due dates for individual tax instalments: https://www.canada.ca/en/revenue-agency/services/payments/payments-cra/individual-payments/income-tax-instalments/due-dates.html
- CRA — Who has to pay tax instalments: https://www.canada.ca/en/revenue-agency/services/payments/payments-cra/individual-payments/income-tax-instalments/who-pays-instalments.html
- CRA — Required tax instalments for individuals (overview): https://www.canada.ca/en/revenue-agency/services/payments/payments-cra/individual-payments/income-tax-instalments.html
General information, not tax advice.
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