"There are only two certainties in life – death and taxes!".  Although it is difficult to tamper with the sand flowing though the hour-glass of life, good habits can slow its pace.  Good taxation planning can ensure that taxes can be managed so there are no nasty surprises resulting in urgent phone calls to the bank manager a few days before due date or suffering unpleasant IRD penalties.

What processes should business owners adopt to plan their regular income tax commitments?  Here's a few ideas