Question
Hi there, I am confused as to what this homework question is asking of me, can I please have some help? Please read instructions below
Hi there, I am confused as to what this homework question is asking of me, can I please have some help? Please read instructions below and find relevant materials in the question attached.
Below are the records for Tim's Tables.You are required to complete the worksheets below in order to calculate the (a) gross wages and (b) the net wages & superannuation for each employee.(Note that gross wages do not include compulsory employer superannuation contributions.)
Assume that the hours worked (in the table below) are for the first week of a new month.Do not assume that further OTE will be worked by these employees this month.
* Be aware that the PAYG withholding amounts we have used below are for simplification purposes and are not derived from the ATO's tax tables.
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