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Employer Monthly Schedule Inland Revenue Ird Govt 2012

2012-2025 Form

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The Accounting Income Method, or AIM, is an alternative provisional tax option for businesses with turnover of less than five million dollars to calculate provisional tax. This video is a case study which will explain how AIM works and how it might look. AIM is delivered through accounting software, not by Inland Revenue, so how it actually looks will be designed by your software provider. Let's meet Sally. She designs and makes a range of swimwear which are sold mostly online. Every so often, one of the designs is featured in a fashion magazine and this provides a big boost. But if there is a bad summer business can suffer. Sally has a tax agent, Joanne, who helps her with provisional tax. Joanne thinks that AIM will work well for Sally's company because of fluctuating seasonal sales and the fact that her accounts are pretty up to date. Last year, Sally's Swimwear used the standard provisional tax option This meant that there were three fixed instalments, which

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