SUMMARY 1A GST on Sales $ 1C WET $ 1E LCT $ 4 PAYG Withheld $ 5A PAYG income tax instalment $ 6A FBT instalment $ 7C FTC over claim $ 8A $ 1B GST on purchases $ 1D WET refundable $ 1F LCT refundable $ 5B PAYG instalment credit $ 6B FBT credit $ 7D FTC credit $ 8B $ PAYMENT OR REFUND Is 8A more than 8B YES NO Your payment amount $ FBT INSTALMENT F1 $ F2 Est FBT for year $ F3 Varied amount payable $ F4 Variation Code Fill in the above Business Activity Statement information Cake Magic had previously provided one of their former staff with a motor vehicle and the business was paying fringe benefits tax (FBT) on this The FBT was calculated using the operating cost method and had a business use of 70 The staff ceased their employment with Cake Magic on 31 March 2021 and the motor vehicle is now garaged and not being used The ATO currently have Cake Magic paying FBT instalments of $700 quarter Cake Magic would like you to consider if this tax needs to be paid for the June 2021 quarter The ATO have advised Betty last month that she has a personal quarterly tax instalment payable of $3,000 quarter The first instalment to the ATO is to commence in the June 2021 quarter There are no liabilities for WET, LCT or FTC All amounts are GST inclusive unless otherwise stated Business Activity Statement information Cake Magic had previously provided one of their former staff with a motor vehicle and the business was paying fringe benefits tax (FBT) on this The FBT was calculated using the operating cost method and had a business use of 70 The staff ceased their employment with Cake Magic on 31 March 2021 and the motor vehicle is now garaged and not being used The ATO currently have Cake Magic paying FBT instalments of $700 quarter Cake Magic would like you to consider if this tax needs to be paid for the June 2021 quarter The ATO have advised Betty last month that she has a personal quarterly tax instalment payable of $3,000 quarter The first instalment to the ATO is to commence in the June 2021 quarter There are no liabilities for WET, LCT or FTC All amounts are GST inclusive unless otherwise stated

Question

SUMMARY 1A GST on Sales $   1C WET $   1E LCT $   4 PAYG Withheld $   5A PAYG income tax instalment $   6A FBT instalment $   7C FTC over claim $   8A $   1B GST on purchases $   1D WET refundable $   1F LCT refundable $   5B PAYG instalment credit $   6B FBT credit $   7D FTC credit $   8B $   PAYMENT OR REFUND Is 8A more than 8B  YES NO Your payment amount $   FBT INSTALMENT F1 $   F2 Est FBT for year $   F3 Varied amount payable $   F4 Variation Code Fill in the above Business Activity Statement information Cake Magic had previously provided one of their former staff with a motor vehicle and the business was paying fringe benefits tax (FBT) on this  The FBT was calculated using the operating cost method and had a business use of 70   The staff ceased their employment with Cake Magic on 31 March 2021 and the motor vehicle is now garaged and not being used  The ATO currently have Cake Magic paying FBT instalments of $700 quarter  Cake Magic would like you to consider if this tax needs to be paid for the June 2021 quarter  The ATO have advised Betty last month that she has a personal quarterly tax instalment payable of $3,000 quarter  The first instalment to the ATO is to commence in the June 2021 quarter  There are no liabilities for WET, LCT or FTC All amounts are GST inclusive unless otherwise stated  Business Activity Statement information Cake Magic had previously provided one of their former staff with a motor vehicle and the business was paying fringe benefits tax (FBT) on this  The FBT was calculated using the operating cost method and had a business use of 70   The staff ceased their employment with Cake Magic on 31 March 2021 and the motor vehicle is now garaged and not being used  The ATO currently have Cake Magic paying FBT instalments of $700 quarter  Cake Magic would like you to consider if this tax needs to be paid for the June 2021 quarter  The ATO have advised Betty last month that she has a personal quarterly tax instalment payable of $3,000 quarter  The first instalment to the ATO is to commence in the June 2021 quarter  There are no liabilities for WET, LCT or FTC All amounts are GST inclusive unless otherwise stated

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Question: SUMMARY 1A GST on Sales $ - 1C WET $ - 1E LCT $ - 4 PAYG Withheld $ - 5A PAYG income tax instalment

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SUMMARY
1A	GST on Sales	$ -
1C	WET	$ -
1E	LCT	$ -
4	PAYG Withheld	$ -
5A	PAYG income tax instalment	$ -
6A	FBT instalment	$ -
7C	FTC over claim	$ -
8A		$ -

1B	GST on purchases	$ -
1D	WET refundable	$ -
1F	LCT refundable	$ -
5B	PAYG instalment credit	$ -
6B	FBT credit	$ -
7D	FTC credit	$ -
8B		$ -


PAYMENT OR REFUND
Is 8A more than 8B?		YES/NO

Your payment amount		$ -

FBT INSTALMENT

F1		$ -
F2	Est FBT for year	$ -
F3	Varied amount payable	$ -
F4	Variation Code