Advance tax
Income tax paid during the relevant year on an estimate of tax liability, where the advance-tax rules apply.
Definition & exampleBusiness wiki · Topic
Understand tax identities, deductions, payments and information statements without confusing them with accounting profit.
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Income tax paid during the relevant year on an estimate of tax liability, where the advance-tax rules apply.
Definition & exampleAn income-tax statement that brings together specified information reported or available about a taxpayer.
Definition & example