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3. Evaluate the income tax rate applied and if GST will be applicable for Perfect Plants Pty Ltd for the 21/22 Financial Year. Refer to

3. Evaluate the income tax rate applied and if GST will be applicable for Perfect Plants Pty Ltd for the 21/22 Financial Year. Refer to the ATO link below Net Profit Before Tax 188,750 Income Tax Expenses 56,625 Net Profit After Tax 132,125 https://www.ato.gov.au/Rates/Changes-to-company-tax-rates/ What is the income tax rate they paid? What is the income tax rate according the ATO Have they paid the right amount of tax? Does GST need to be paid? Explain

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