Tax updates, tools and information, including Inland Revenue news and events.
Provisional tax tool
Accounting Income Method (AIM)
Inland Revenue has created a tool to help small businesses manage their provisional tax in a way that mirrors how their business actually works. The Accounting Income Method (AIM) is a new option for managing provisional tax through approved accounting software. You can opt in from this April for the 2018-2019 tax year. Watch this free webinar for more information.Read more
New provisional tax option
AIM - for small businesses
From April 2018 small businesses that have turnover of less than $5 million a year can work out their provisional tax using the accounting income method (AIM).Read more