Be wise!! and Strategize!!
In Antigua and Barbuda, unincorporated businesses are required to submit quarterly remittances of the previous year’s tax liability during the months of April, July, October and January of the following year. If you think that you will not be able to pay the full amount by the due date each quarter, how about setting up a separate bank account and depositing the estimated portion of the quarter’s remittance into that account each month leading up to the quarterly due date? Don’t wait until the last day to pay your bill. Life happens! You don’t want unforeseen circumstances preventing you from paying on time. Set as many reminders as necessary to help you file and pay on time. Penalties can undermine your profit.