The upcoming fiscal calendar designates July as the month when a single, consolidated deadline for settling advance payments of property tax will take effect for organizations. This adjustment, applicable to the second reporting period, aims to simplify the payment schedule and reduce the administrative burden on taxpayers. The Tax Service explained that the consolidation is part of a broader initiative to modernize tax collection procedures, aligning them with digital reporting mechanisms and improving cash flow predictability for the state budget. Taxpayers are required to submit the advance payment before the stipulated deadline, with non‑compliance potentially resulting in penalties and interest charges. The authority also announced plans to provide online reminders and automated notifications to help businesses stay compliant. Furthermore, the initiative encourages taxpayers to review their tax assessments for accuracy, ensuring that the advance reflects current property valuations and applicable tax rates. The agency emphasized that timely payment supports essential public services and infrastructure projects, reinforcing the collective responsibility of businesses in sustaining fiscal stability.