Provisional tax is income tax which paid in advance to the IRD for the next tax year. The provisional tax is calculated by the current year taxation before tax relief. In the next year, any over/under payment will be adjusted at the end of the year.
Provisional tax is income tax which paid in advance to the IRD for the next tax year. The provisional tax is calculated by the current year taxation before tax relief. In the next year, any over/under payment will be adjusted at the end of the year.