Question
3 months. Bill Dwyer aged 59 retired on 31 March 2023 and provided the following information. Gross Salary 62,300 Long service Leave 37100 Annual
3 months. Bill Dwyer aged 59 retired on 31 March 2023 and provided the following information. Gross Salary 62,300 Long service Leave 37100 Annual leave Tax withheld Wages and leave Gross Superannuation fund payment Tax fee component Taxable component PAYG withheld from superannuation fund payment Required: Calculate for the year ended 30 June 2023 (c) Taxable Income (d) Net tax payable /refundable 1,500 27,285 510,000 120,000 390,000 37,950
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Fundamental Accounting Principles Volume 1
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