1.

During the tax year ending on 30 June 2016, XYZ Ltd, a resident Australian company, received a franked dividend of $10,800.

This dividend had franking credits totaling $3,200 attached.

XYZ Ltd had allowable deductions of $4,000.

Required:

Calculate XYZ Ltd's tax payable or refundable for the 2016 tax year.

2. During the 2018 FBT, ABB Ltd reimbursed an employee's residential rent on his apartment in Sydney totaling $4,000.

Calculate the employer's FBT liability on this Expense Payment Fringe Benefit.

Can you please provide me the answer with in 15 minutes please