Question
Josh is an Australian employee who commenced employment with The Brisbane Telegraph on 1 July 2021. He receives a gross salary of $140,000, a bonus
Josh is an Australian employee who commenced employment with The Brisbane Telegraph on 1 July 2021.
He receives a gross salary of $140,000, a bonus of $5,000 on 30th June and a salary sacrifice of $10,000.
Tom receives 14% super payment rate inclusive of 10% super guarantee rate.
Toms non-cash benefits are:
- $6000 golf club membership
- Apple laptop $2800 which is 100 percent work related.
It is now 30 June 2022. The companys managing director, Glen Frey, has approached you and seeks your advice on the following matters.
Q1. Calculate Josh's Gross Payments, Reportable Fringe Benefits Amount and Reportable Employer Superannuation Contributions recorded in the PAYG Payment Summary for the year ended 30 June 2022 in relation to his employment with Daily Telegraph Pty Ltd. Please show and explain all workings and calculations.
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Bio Technology Audit In Hungary Guidelines Implementation Results
Authors: Ulrike Bross, Annamaria Inzelt, Thomas Reiß
1st Edition
3790810924, 978-3790810929
