It is 30 June 2016. You are the manager of the Bendigo store. You are starting a new casual employee on Monday.

You are required to develop a schedule for processing forms. Your schedule should:

include specific dates for providing, collecting and forwarding forms

adhere to ATO requirements

adhere to organisational requirements such as policies and procedures.

Part B: Schedule payments

It is 30 June 2016, the end of Q4. You are the finance and operations manager at Pitstop. Your duties include planning and executing payments to nominated creditors and government authorities.

Consider:

BAS statements are prepared and associated PAYG, HELP, and fringe benefits tax (FBT) payments are made quarterly

Pitstop is liable for payroll tax

Pitstop is liable for workers compensation 15 days after the end of the quarter

extra superannuation contributions (SUN, HESTA, AMP) are forwarded at the same time as those associated with the superannuation guarantee

all other nominated or required payments such as child support are due on the 15^th of each month

car salary sacrifice amounts are managed by VIC Finance.

You are required to develop a July schedule for dispatching payments in. Your schedule should:

include specific dates for dispatching payments to specific organisations

include name of organisation or authority to receive payment

adhere to ATO requirements

adhere to all other obligations for timely payment.

Part C: Complete a BAS summary

It is 30 June 2016. You are the finance and operations manager at Pitstop. Your duties include completing a BAS statement at the end of each quarter of the financial year.

Consider the following information from the Q4 BAS:

PAYG Tax withheld

Total salary, wages and other payments

W1

580,950

Amount withheld from payments shown at W1

W2

87,000

Amount withheld where no ABN is quoted

W4

-

Other amounts withheld (excluding any amount shown at W2 or W4

W3

-

Total amounts withheld

W5

87,000

F1

7,500

You are required to complete the BAS summary worksheet provided to determine the amount to forward to the ATO (following the schedule you developed in task B).

Part D: Complete payment summaries

It is 30 June 2016. You are the finance and operations manager at Pitstop. Your duties include creating individual PAYG summaries for Pitstop employees and reconciling these amounts with the amounts stated on the Pitstop PAYG summaries for each store. You must also ensure the summaries are forwarded to the ATO and the individuals concerned within legislated deadlines:

You are required to use the payroll information provided in this assessment task to complete PAYG payment summaries worksheets for the Bendigo store:

complete the PAYG payment summary worksheets

ensure individual amounts on individual PAYG payment summaries tally with totals on the Pitstop Bendigo summary

include scheduled dates on the worksheet provided for forwarding forms to the ATO and to individuals.

Appendix 2: Policies and procedures

a schedule for processing forms for new employee

a schedule for forwarding funds to nominated creditors and dispatching payments to government authorities

BAS summary worksheet

organisational and individual employee PAYG payment summary worksheets.