The tax imposed in PMC 5.45.040 shall be due and payable in monthly installments and remittance shall be made on or before the twenty-fifth day of the month next succeeding the month in which the tax accrued. The first payment made hereunder shall be made by October 25th for the month ending September 30, 2000. Effective October 1, 2000, businesses with an annual tax liability of less than $500.00, as indicated by billings or charges to City of Pasco customers, may pay the tax imposed by this chapter in quarterly installments. Quarterly remittance shall be made on or before the twenty-fifth day of the month next succeeding the end of the quarterly period in which the tax accrued. “Quarterly period” shall mean a three-month period beginning the first day of the following months: January, April, July and October. On or before each due date the taxpayer shall file with the Director of Finance a written return, upon such form and setting forth such information as the Director of Finance shall reasonably require, together with the payment of the amount of the tax due. [Ord. 3560 § 30, 2002; Ord. 3432 § 1, 2000; Ord. 2538 § 18, 1985; Ord. 2300 § 5, 1981; Code 1970 § 5.32.050.]