The following information relates to Jefferson Limited for the year ended 30 June 2019.

Accounting profit before income tax (after all expenses have been included)$200000

Entertainment expenses (not tax deductible)10000

Depreciation of machinery (accounting)20000

Depreciation of machinery (tax)50000

Annual leave expense (not a tax deduction until the leave is paid)4000

Income tax rate30%

On the basis of this information the current tax liability is: