Calculating Provisional Tax

Definition

Not only is calculating provisional tax correctly important, it’s also involves some guesswork. The amount and number of payments you’ll make during the year depends on which of the four methods you use to calculate it. The methods are the standard uplift method, estimation method, GST ratio method and accounting income method.

Sutherland Boyd, our Client Services Team Lead, summarises the major points on calculating provisional tax.

Further resources:

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