AIM (Accounting Income Method) – a new option for calculating provisional tax – will be available from 1 April 2018 for small businesses using approved accounting software.
In this introductory webinar Inland Revenue will tell you how AIM will work, how it will benefit tax agents and small businesses, and the types of businesses that AIM may best suit.
In future webinars we will provide more detail about how the tax adjustments will work in the software, how you can help your clients to prepare for AIM, and what to expect when clients begin using AIM.
This webinar is suitable for people from small or large firms who work with small businesses with under $5 million turnover. It will provide practical information about what AIM is and how it will work.
Attendees will gain a level of knowledge of the Accounting Income Method for calculating provisional tax so that they can understand the intent and benefits of AIM, and can begin thinking about how it might suit their clients.
25 September 2017
Accountants, Tax agents, Bookkeepers
Nick Wilkins, Business Transformation Account Manager, Inland Revenue
Penny Cooper, Service Designer, Inland Revenue
(No CPD with this recording)