Description
Avoid a cash shock when the corporate tax bill is due: estimate this year's tax from profit to date, set aside a monthly amount in a separate account, and track the reserve against the expected liability and the payment date.
- Automatic summary: Profit to date, Estimated annual taxable income, Estimated tax for the year, Reserve so far, Reserve shortfall
- Calculated for you: Suggested set-aside, Reserve balance
- Example rows and a step-by-step "How to Use" sheet
Instant download (.xlsx). Works in Excel 2010+, Excel online, Google Sheets, Numbers and LibreOffice. Works with any currency.
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