Question: From the following payroll information, complete the relevant BAS items for Fancy Meats. Johnny Stephens Gross wages $3600 PAYG withheld $765 Mckenzie Mansour Gross wages
From the following payroll information, complete the relevant BAS items for Fancy Meats.
Johnny Stephens | Gross wages | $3600 | PAYG withheld | $765 |
Mckenzie Mansour | Gross wages | $4700 | PAYG withheld | $1125 |
Taylor Vaughan | Gross wages | $9600 | PAYG withheld | $2340 |
Nicole Roberts (meat supplier), no ABN provided.
Invoice total = $1500
ABN withholding tax = $735(please assume this withholding amount is correct).
Amount paid to Roberts = $765
Charlie Maherinvoice for services provided $8900. Voluntary withholding tax was withheld by Fancy Meats at 20% of the invoiced amount.
PAYG tax withheld | |||
Total salary, wages and other payments | W1 | $ | |
Amounts withheld from payments shown at W1 | W2 | $ | |
Amounts withheld where no ABN is quoted | W4 | $ | |
Other amounts withheld (excluding any amount shown at W2 or W4 | W3 | $ | |
Total amounts withheld (W2+W4+W3) | W5 | $ | |
PAYG tax withheld | $ |
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