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6. Keiza and her business partner buy a luxury car from Glamor motors for a total price of $92,000 (excluding stamp duty). The sale amount

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6. Keiza and her business partner buy a luxury car from Glamor motors for a total price of $92,000 (excluding stamp duty). The sale amount includes GST & LCT. How much LCT must Glamor motors include in their next activity statement Show your workings I Summary If you are using GST Option 3 leave 1B, 1C, 10, 15, 1F blank Amounts you owe the Tax Office GST on sales or GST Instalment 1A $ Wine equalisation tax 1CS Luxury car tax 1E s PAYG tax withheld 4 S PRYG Income tax 5A S instalment FBT instalment 6A $ Deferred company/lund instalment 7 $ 11 -10 + 11.4. SA & & & & & & & & +647 8A S Neon Signs TV LTD are registered for GST and reports quarterly. For the year ending March 31 they estimate their FBT liability will increase from $12,800 to $16,000 as a result of increased benefits provided to employees. Complete the FBT instalment section for December activity statement show your workings 6. Keiza and her business partner buy a luxury car from Glamor motors for a total price of $92,000 (excluding stamp duty). The sale amount includes GST & LCT. How much LCT must Glamor motors include in their next activity statement Show your workings I Summary If you are using GST Option 3 leave 1B, 1C, 10, 15, 1F blank Amounts you owe the Tax Office GST on sales or GST Instalment 1A $ Wine equalisation tax 1CS Luxury car tax 1E s PAYG tax withheld 4 S PRYG Income tax 5A S instalment FBT instalment 6A $ Deferred company/lund instalment 7 $ 11 -10 + 11.4. SA & & & & & & & & +647 8A S Neon Signs TV LTD are registered for GST and reports quarterly. For the year ending March 31 they estimate their FBT liability will increase from $12,800 to $16,000 as a result of increased benefits provided to employees. Complete the FBT instalment section for December activity statement show your workings

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