The new Accounting for Income method (AIM ) has not fired as it requires a lot more work.
Are Small/ Medium businesses prepared to pay for the extra compliance cost?
While the Online accounting software like MYOB, Reckon and Xero require accountants to do extra work – do they have the time?
Until the accounting software is more automated then IRD may have wasted money.
For clients wanting to pay their tax over a longer period and save on penalties and reduced interest, contact Naked Accounting or Accounts Online and Save money and time.
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