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Baltar Pty Ltd had taxable income for5 the current year ended 30 June of $220,000. Baltar has paid PAYG tax instalments for income tax of

Baltar Pty Ltd had taxable income for5 the current year ended 30 June of $220,000. Baltar has paid PAYG tax instalments for income tax of $22,000 in quarterly instalments 28 July, 28 October, 28 February, and 28 April,. It declared a dividend on 30 April of $63,000 (with imputation credit of $27,000) to its only shareholder Sixx pty Ltd. Sixx had other income of $100,000 for the year ended 30 June. Sixx has paid PAYG instalments relating to income tax of $12,000 in quarterly instalments for 28 July, 28 October, 28 February, and 28 April. Sixx paid a dividend of $41,250 (with imputation credit of $17,678) in May to its only shareholder Jamie

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