AIM provisional tax-Mike-Bare Bones Accounting

AIM statement of activity & payments

Understanding your Statement of activity and payments for provisional taxOnce you’ve chosen the Accounting Income Method (AIM), you’ll only pay provisional tax when your business makes a profitAbout AIM From April 2018 small businesses with turnover under $5 million a year can work out their provisional tax using the accounting income method (AIM). AIM uses new functionality included in…