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PAYG Instalments 6 . What are the options available to taxpayers in determining the amount of PAYG instalments? 7 . When are quarterly PAYG instalments

PAYG Instalments
6. What are the options available to taxpayers in determining the amount of PAYG instalments?
7. When are quarterly PAYG instalments generally made to the ATO?
8. Under what circumstances is an annual PAYG instalment allowed ?
9.(a) Given last year's tax return information for Astro PL, calculate their instalment rate.
\table[[Gross sales (excluding GST),$250,000,,,],[Deductions,140,000?,,,],[Tax payable,110,00030%,=,$33,000,]]
(b) Apply the rate calculated in (a) to the following gross income for the quarter to find Astro's instalment due.
\table[[Gross business sales (GST-inclusive),$110,000
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