$3000 to Miss WC Kwan, an $3000 to Mr S Smith, and individual resident of Advice each of the above shareholders of Peak Ltd about the correct tax treatment of the receipt of their distributions from the company for the 2018/19 tax year. Question 6: Bonus Question [5 Marks] A large Australian law firm rendered an $11000 tax invoice at the end of January year to a large public company for legal work that it had performed. The client p this bill in two equal installments in April and August last year. Explain how eac entity should account for GST and ITCS