Calculation of current tax$-$example

Profit before tax for Peach Ltd for

the year to $30$ June $2024$ is as

follows:

$$60$ allowed as a tax deduction for plant.

Government grants are exempt.

Interest has not yet been received.

Bad debts of $$20$ were written off during

the year.

Payments of $$30$ were made to

employees in relation to annual leave

taken during the year.

The tax rate is $25\%$

Required:

Calculate the current tax liability of

Peach Ltd for $2024$