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the tax table on ATO website F6 F7 F8 Insert FNSTPB401 Complete business activity and instalment activity statement Question 1. With reference to the Tax
the tax table on ATO website
F6 F7 F8 Insert FNSTPB401 Complete business activity and instalment activity statement Question 1. With reference to the Tax Tables, complete the following table for the wages of the employees of Canine Clip. All employees are Australian residents. Tax to be withheld Net Wages Employee TFN Quoted Tax Free Wage per Threshold week $ Claimed 376 492 618 745 764 Question 2. Marilyn Mackay is calculating her annual PAYG instalment by completing the annual IAS Type N). Marilyn is offered two options. She chooses Option 2 (Calculate annual PAYG instalment using income time's rate) and has supplied the following information. Total trading income (no GST) Interest The pre-printed instalment rate at T2 is 6%. Required: Calculate Marilyn's PAYG instalment amount payable $6,300 $800 Question 3. Voi La operates an online food delivery business. He sells processed and fresh food to Australian and overseas consumers. Voi La reports on an accrual basis. Voi's income for the quarter is as follows: Domestic fresh fruit sales Domestic processed food sales Exports of processed food products Interest charged on overdue customer accounts $3,900 $9,600 $1,000 $900 $15,400 Total receipts Required: Complete Items G1 through G6 of Voi's GST Calculation Worksheet for the quarter. F6 F7 F8 Insert FNSTPB401 Complete business activity and instalment activity statement Question 1. With reference to the Tax Tables, complete the following table for the wages of the employees of Canine Clip. All employees are Australian residents. Tax to be withheld Net Wages Employee TFN Quoted Tax Free Wage per Threshold week $ Claimed 376 492 618 745 764 Question 2. Marilyn Mackay is calculating her annual PAYG instalment by completing the annual IAS Type N). Marilyn is offered two options. She chooses Option 2 (Calculate annual PAYG instalment using income time's rate) and has supplied the following information. Total trading income (no GST) Interest The pre-printed instalment rate at T2 is 6%. Required: Calculate Marilyn's PAYG instalment amount payable $6,300 $800 Question 3. Voi La operates an online food delivery business. He sells processed and fresh food to Australian and overseas consumers. Voi La reports on an accrual basis. Voi's income for the quarter is as follows: Domestic fresh fruit sales Domestic processed food sales Exports of processed food products Interest charged on overdue customer accounts $3,900 $9,600 $1,000 $900 $15,400 Total receipts Required: Complete Items G1 through G6 of Voi's GST Calculation Worksheet for the quarter Step by Step Solution
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