Question: Case Study 2 Donald's completed salary packaging application form and attached documents contain the following information: Type of Benefit Details Mobile Phone The cost is

Case Study 2 Donald's completed salaryCase Study 2 Donald's completed salary
Case Study 2 Donald's completed salary packaging application form and attached documents contain the following information: Type of Benefit Details Mobile Phone The cost is $1,499 net of GST* Gym Membership Full year membership at a fortnightly cost of $55 ing GST* * Company Car Payroll department determine costs: $6,200 Superannuateon Contributions Amount to be contributed to meet the one year concessional contribution cap: $9,100 * GST is payable by the employer, who could claim GST credits on this expense. * Personal Expense payment not otherwise deductable. Donald Dolores has also submitted a Superannuateon Standard Choice Form, requesting his super fund be changed to: ING Living Super USI 13 355 603 448 001 Member Number 0058693 Question 1 Prepare the FBT information by completing the table below: Type of Benefit Value Taxable Gross up Grossed up FBT 47% (cash) value of FBT rate value (if (if applicable) applicable] Mobile Phone 1,499 Gym Membership 1,430 Company Car 6,200 Superannuateon contributions 9,100 ota 18,229 (Ctrl) *Question 2 Help Donald to compare the two options by completing the table below. No Salary Sacrifice Salary Sacrifice Salary Sacrifice Amount Super Contribution Gross Salary Benefit Value FBT Total Employment Cost Taxable Income Income Tax Payable Medicare payable After Tax Pay Total net value for the employee Which of the options is most beneficial to Donald? Explain your

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