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Two things: based on 195 AUD annual (includes super) a) what is the total cost to the company B) what is the net payable to
Two things: based on 195 AUD annual (includes super) a) what is the total cost to the company B) what is the net payable to the consultant (take home)
Please answer both parts, additionally from option 2, why is the Gross Mth Taxable income AUD 14,393 and why is the total monthly cost AUD 15,832? please help to provide potential reasons. Thank you very much for your help!
RE: Interview Schedule - Zoom Option 1 Option 2 Option 3 Current Gross Salary 190K 190K Daily 160K AUD + AUD Rate (all AUD + Super (Includes Inclusive) Super Super) Vacation 20 Paid 20 Paid NONE 20? Leaves Time Off Time Off Gross Mth 15,883 14,393 800 x 18 12,121 Taxable income AUD AUD = 14,400 AUD AUD Monthly Take 10,832 10,021 800 AUD 8,663 home Salary AUD AUD Per Man- AUD day Superannuation 1,583 1,439 1,212 AUD AUD AUD Tax (IT and 5,001 4,373 3,488 Medicare) AUD AUD AUD Total Monthly 17,416 15,832 13,363 Gross (?) AUD AUD AUD Yearly Gross 208,992 189,984 (x12) AUD AUD Margin 15% 15% No of Days 18*12 = 18*12 = 216 216 Rate (Daily (208,992 (189,984 Rate / 85%) / 85%)/ / 85%)/ 216 = 216 = 1138 1034 AUD AUD RE: Interview Schedule - Zoom Option 1 Option 2 Option 3 Current Gross Salary 190K 190K Daily 160K AUD + AUD Rate (all AUD + Super (Includes Inclusive) Super Super) Vacation 20 Paid 20 Paid NONE 20? Leaves Time Off Time Off Gross Mth 15,883 14,393 800 x 18 12,121 Taxable income AUD AUD = 14,400 AUD AUD Monthly Take 10,832 10,021 800 AUD 8,663 home Salary AUD AUD Per Man- AUD day Superannuation 1,583 1,439 1,212 AUD AUD AUD Tax (IT and 5,001 4,373 3,488 Medicare) AUD AUD AUD Total Monthly 17,416 15,832 13,363 Gross (?) AUD AUD AUD Yearly Gross 208,992 189,984 (x12) AUD AUD Margin 15% 15% No of Days 18*12 = 18*12 = 216 216 Rate (Daily (208,992 (189,984 Rate / 85%) / 85%)/ / 85%)/ 216 = 216 = 1138 1034 AUD AUDStep by Step Solution
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