Businesses using AIM will make provisional tax payments more often.
Provisional tax payments will be due monthly for businesses paying GST monthly. Businesses not registered for GST or paying GST every two or six months will pay provisional tax every two months.
Making provisional tax payments more often will better match when income is earned to when tax is paid. This will make it easier for businesses with seasonal or fluctuating incomes and increase their ability to plan financially. Receiving the payments on a more frequent basis means Inland Revenue can remove the exposure to use of money interest.