Khalid is in business as a sold trader and computer repairer Khalid changed his customers $72000 this year and paid $22000 for parts for his business. Should Khalid register for GST? Calculate for Khalid his GST tax payable (assuming he is registered). 

What is his income tax payable?

Answer rating: 100% (QA)

Answer Sub heading Calculation of GST Tax Payable and Income Tax Payable 1 GST Tax Payable To determ... View the full answer