Provisional Tax

Presentation on provisional tax. What it is, when to pay and what options are available when your income changes from year to year eg when you have a gap in your contracting.

Sonia Gaskin and Mark Kinsford of Baker Tilly will lead us through the basics of provisional tax, how it applies to IT contracting including:

• why self-employed contractors pay provisional tax
• how it is calculated
• when you have to pay it
• if your income varies (a lot) from one year to the next
• how to get reimbursed
• best ways to set aside $$ to pay your Provisional Tax

PLUS
Your questions answered