Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2.3. Assume you are working as a bookkeeper for XYZ Pty Ltd and reporting option are as follows: GST is reported quarterly on a CASH
2.3. Assume you are working as a bookkeeper for XYZ Pty Ltd and reporting option are as follows: GST is reported quarterly on a CASH BASIS reporting all labels. PAYG Withholding is reported MONTHLY PAYC Instalment is 5% reporting on CASH BASIS Business also claims Fuel Tax Credit each quarter. The business has a Fringe Benefit obligation of $1,000 each quarter. You are required to draw up a lodgment schedules of due dates for the quarter 4 and PAYG Withholding lodgment for the month of July and August (Guide: Complete the lodgment date for the quarter 4 and PAYG Withholding lodgment for the month of July and August) Lodgment Date BAS lodgment Date for June Quarter-- What is being reported PAYG Withholding for June GST for April, May, June FBT for quarter PAYG Instalment of 5% of Cash Income . PAYG Withholding Lodgment Date for July- PAYG Withholding for July PAYG Withholding Lodgment Date for August PAYG Withholding for August 2.3. Assume you are working as a bookkeeper for XYZ Pty Ltd and reporting option are as follows: GST is reported quarterly on a CASH BASIS reporting all labels. PAYG Withholding is reported MONTHLY PAYC Instalment is 5% reporting on CASH BASIS Business also claims Fuel Tax Credit each quarter. The business has a Fringe Benefit obligation of $1,000 each quarter. You are required to draw up a lodgment schedules of due dates for the quarter 4 and PAYG Withholding lodgment for the month of July and August (Guide: Complete the lodgment date for the quarter 4 and PAYG Withholding lodgment for the month of July and August) Lodgment Date BAS lodgment Date for June Quarter-- What is being reported PAYG Withholding for June GST for April, May, June FBT for quarter PAYG Instalment of 5% of Cash Income . PAYG Withholding Lodgment Date for July- PAYG Withholding for July PAYG Withholding Lodgment Date for August PAYG Withholding for August
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started