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Establish and maintain payroll systems in Australia Payroll Calculations Michelle earns $1,190 per week. She claims the tax-free threshold, has provided her Tax File Number

Establish and maintain payroll systems in Australia

Payroll Calculations

Michelle earns $1,190 per week. She claims the tax-free threshold, has provided her Tax File Number and is entitled to holiday leave loading of 17.5%. She also claims tax offsets of $820 per annum. This pay period, Michelle will be paid a normal week's pay plus 2 weeks annual leave in advance.

Michelle earns per week is $1,190.00

The leave loading of 17.5% on this amount is $208.25.

Michelle's gross annual leave holiday pay for one week:

$1,190.00 + $208.25 = $1,398.25

1. Using the Tax Tables below, how much PAYG tax is withheld on one week of annual leave?

  • Please record the Financial Year of the Tax Tables provided below

Specify financial year of Tax Tables:

PAYG Tax withheld:

Based on Web: https://lnonline.s3.amazonaws.com/tax-tables/2018-2019/weekly-tax-table-2018-19.pdf

Weekly Tax is on https://lnonline.s3.amazonaws.com/tax-tables/2018-2019/HELP-SSL-TSL-weekly-tax-table-2018-19.pdf

Ready reckoner for tax offsets is $15.00

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