The balance of tax is the tax payable for the tax year after you have deducted the payments already made for the year.
This amount is paid two or three months after the end of the tax year depending on your balance due date.
How to make a payment includes information on the methods of paying your balance of corporation income tax.
After all monthly interim payments are made for the current year, you will receive the first Form RC160, Interim Payment Remittance Voucher for the next year, along with another Form RC160. This additional form will show the tax year-end of the current year. Use this form to remit your balance due date payment.