SUMMARY
1A	GST on Sales			$ -
1C	WET			$ -
1E	LCT			$ -
4	PAYG Withheld			$ -
5A	PAYG income tax instalment			$ -
6A	FBT instalment			$ -
7C	FTC over claim			$ -
8A				$ -
1B	GST on purchases			$ -
1D	WET refundable			$ -
1F	LCT refundable			$ -
5B	PAYG instalment credit			$ -
6B	FBT credit			$ -
7D	FTC credit			$ -
8B				$ -
PAYMENT OR REFUND
Is 8A more than 8B?				YES/NO
Your payment amount				$ -

FBT INSTALMENT
F1			$ -
F2	Est FBT for year		$ -
F3	Varied amount payable		$ -
F4	Variation Code

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Business Activity Statement information Cake Magic had previously provided one of their former staff with a motor vehicle and the business was paying fringe benefits tax (FBT) on this. The FBT was calculated using the operating cost method and had a business use of 70%. The staff ceased their employment with Cake Magic on 31 March 2021 and the motor vehicle is now garaged and not being used. The ATO currently have Cake Magic paying FBT instalments of $700/quarter. Cake Magic would like you to consider if this tax needs to be paid for the June 2021 quarter? The ATO have advised Betty last month that she has a personal quarterly tax instalment payable of $3,000/quarter. The first instalment to the ATO is to commence in the June 2021 quarter. There are no liabilities for WET, LCT or FTC All amounts are GST inclusive unless otherwise stated. Business Activity Statement information Cake Magic had previously provided one of their former staff with a motor vehicle and the business was paying fringe benefits tax (FBT) on this. The FBT was calculated using the operating cost method and had a business use of 70%. The staff ceased their employment with Cake Magic on 31 March 2021 and the motor vehicle is now garaged and not being used. The ATO currently have Cake Magic paying FBT instalments of $700/quarter. Cake Magic would like you to consider if this tax needs to be paid for the June 2021 quarter? The ATO have advised Betty last month that she has a personal quarterly tax instalment payable of $3,000/quarter. The first instalment to the ATO is to commence in the June 2021 quarter. There are no liabilities for WET, LCT or FTC All amounts are GST inclusive unless otherwise stated