Businesses using AIM will make provisional tax payments more often. Businesses not registered for GST or paying GST every two or six months will pay provisional tax every two months. The increased regularity of the payments means use of money interest can be removed from this option.
We appreciate that businesses on 6 monthly GST have already chosen an option to minimise their tax obligations, therefore paying provisional tax through AIM is an increase. We are interested to hear whether AIM would be of use to you.