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REQUIRED (with SUGGESTED TIMETABLE FOR COMPLETION): 3) b) d) WEEK 2: Prepare the schedule of payroll information for wages paid, including PAYG withholding deductions, and

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REQUIRED (with SUGGESTED TIMETABLE FOR COMPLETION): 3) b) d) WEEK 2: Prepare the schedule of payroll information for wages paid, including PAYG withholding deductions, and net wages for each employee by week. (12 Marks) WEEK 2: Calculate the employer's statutory Superannuation Guarantee obligations for each employee for the quarter. (10 Marks) WEEKS 3 and 4: Provide a short definition and discussion of GST taxable supplies. Explain and classify each transaction item listed, including wages and superannuation, by the type of GST supply, and calculate any GST included in the price. (22 Marks) WEEKS 3 and 4: Provide a short definition and discussion of creditable acquisitions and discuss what conditions need to be met before Born Again Bags can claim input tax credits in relation to the expenses listed? Explain whether each ofthe acquisitions is a creditable acquisition. (16 Marks) WEEK 5: Prepare a fully labelled Business Activity Statement for the quarter ended 30 June 2019. (7 Marks) IF YOU FOLLOW THE SUGGESTED TIMETABLE FOR COMPLETION AND POST ANY QUESTIONS FOR FEEDBACK ON THE DISCUSSION BOARD, IN THOSE WEEKS, THIS WILL HELP YOU IN YOUR FINAL SUBMISSION. Show all calculations and formulas, and support all answers with references to legislation, case law and/or rulings. Up to eight (8) marks awarded for quality of explanations & referencing

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