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A business had in a quarterly reporting/ payment period: a GST credit of $15,000 a PAYG instalment liability of $6,000 a PAYG withholding liability of
A business had in a quarterly reporting/ payment period:
a GST credit of $15,000
a PAYG instalment liability of $6,000
a PAYG withholding liability of $1,500, and
an FBT liability of $1,000
In these circumstances, would the business need to make any payments to the ATO, and if not, why not?
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