Question: QUESTION 40 In preparing the business activity statement (BAS) for the period July to September 2020, the following information is supplied. Total sales that are
QUESTION 40
In preparing the business activity statement (BAS) for the period July to September 2020, the following information is supplied.
Total sales that are taxable supplies (including GST): $33,000
GST-free sales: $1,500
Export sales: $4,400
Purchases related to taxable supplies (including GST): $22,000
Input taxed supplies: $1,100
PAYG income tax instalment: $5,000
PAYG withholding tax: $2,500
What amount will be remitted to the ATO for the September 2020 BAS?
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