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During the year ended 30 June 2015 Harry Ltd, pays quarterly PAYG tax instalments as follows: $6000 on 28 July 2014 $2000 on 28 October
During the year ended 30 June 2015 Harry Ltd, pays quarterly PAYG tax instalments as follows:
$6000 on 28 July 2014
$2000 on 28 October 2014
$8000 on 28 February 2015
$10 000 on 28 April 2015.
On 30 June 2015, Harry Ltd determines its total current tax liability for the year to be $28 000.
The final tax instalment for the year will be a:
Select one:
a.payment of $2000.
b.payment of $8000.
c.payment of $28 000.
d.refund of $2000.
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