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(a) For the purpose of ascertaining the tax to be paid by any person beginning a new business, employment or profession, and whose license tax is based on gross receipts, gross sales, gross purchases, gross commission, gross contracts or orders, the licensee shall estimate the basis for measuring the license tax between the date of issuance of the license and the thirty first of December following. 3. That Section 20-18 Portsmouth, Virginia (1988), as follows: of the Code of the City of be amended, and reordained to read See. 20-18. When tax due and payable. Ail license taxes impose by this chapter shall be due and payable on or before the first day of March of each license year, except as otherwise stated. In all cases where the person shall begin the business or employment upon which a license tax is imposed under this chapter at any time during any license year, and in all cases in which any person shall after March first, in any license year, commence any business or employment upon which a license tax is imposed by this chapter, such license tax shall be due and payable upon commencement of such business. 4. That Section 20-20 Portsmouth, Virginia (1988), as follows: of the Code of the City of be amended, and reordained to read Sec. 20-20. Proration of tax. In the event any person required to pay a license tax under the provisions of this chapter where the license tax is not measured by gross receipts, gross sales, gross purchases, gross commissions, gross contracts or orders, or graduated in any other way, shall begin any business, occupation or profession after January first of the license year, the license tax shall be prorated on a monthly basis, one-twelfth of the annual license tax to be assessed for each month or portion thereof of the remainder of the license year; provided, however, that no such license tax shall be subject to such proration where the license tax for the whole year is twenty dollars ($20.00) or less, except that whenever any person engaging in any business, occupation or profession for which license taxes are imposed by this chapter in any territory hereafter annexed to the city shall make application for a prorated license under this section, the license tax shall be prorated with respect to the remainder of the license tax year no the nearest whole dollar, without regard to the minimum herein prescribed.