Task instructions:Based on profits of the business being $200,000, calculate the tax payable in each of these 4 different business structures - if the business is operated as:

1. As a sole trader.
2. As a partnership between a married couple.
3. As a private company where salaries of $80,000 each are paid to both spouses and the balance is taxed in the company.
4. As a family trust where the beneficiaries of the trust are Mark, Mark's spouse Zoe and their 2 children. The children will be distributed $416 each, with the balance distributed evenly between Mark and Zoe.

Present a recommendation on suitable business structures to the client after considering the client's circumstances.