Chopper Aviation have provided the following information for the quarter ending 31 st March. Gross Salaries and
Question:
Chopper Aviation have provided the following information for the quarter ending 31st March.
Gross Salaries and Wages including PAYG Withheld = $183,360
Car Allowances (assume: this is the gross amount and it is not subject to PAYG withholding; it has not been included in Gross Salaries & Wages above) = $4502
Bonuses paid grossed $4400; tax on bonuses $920 (both amounts not included above)
PAYG Withheld from salaries and wages = $42,781
Contractor invoices subject to voluntary withholding agreement totalling $15,800; tax withheld at 20%
$901 invoice subject to 47% withholding as the supplier does not hold an ABN.
how would this be reported on the BAS for the ATO
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann