Taking AIM

AIM — the Accounting Income Method of paying provisional tax

A better match between actual income and tax paid. Faster refunds, and fewer unpleasant surprises.

Businesses with turnover under $5m a year, who choose the system before their first provisional tax date for the year Partnerships, trustees and beneficiaries, Maori authorities, among others May require more work to comply, as well as set-up costs No. Businesses can continue to use their current system. April 1