establish and maintain payroll

Task 5 - Prepare an Instalment Activity Statement PR5.1 Malcolm has approached you and asked you to complete the IAS for May for the business. He has provided last months figures and you are to use these to complete the extract of an IAS below: $211,457 $3,200 w $2000 Salaries and Wages Allowances Paid Invoice subject to Voluntary Withholding tax (this is the Gross amount) PAYG Withheld Voluntary Withholding Tax is 20% $47,0982 To be calculated PAYG tax withheld W163 .XX Total salary, wages and Other payments W2 XX Amounts withheld from Payments shown at W1 ho W4 .XX Amounts withheld where no ABN is quoted Other amounts withheld (excluding W3 XX Any amount shown at W2 or W4) W5 .XX Total amounts withheld (W2 + W4+ W5) Write W5 amount at 4 in the Summary section below