Suzanne operates a mortgage broking business under a company structure, LoansRUs Pty Ltd. The business is...
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Suzanne operates a mortgage broking business under a company structure, LoansRUs Pty Ltd. The business is a small business entity. Suzanne is the sole director and shareholder. The company pays all of its profits out of its earnings each year as dividends to sole shareholder, Suzanne. The taxable income of the company for the 2020-2021 financial year is $500,000. The tax payable by LoansRUs Pty Ltd is? $130,000 $137,500 $150,000 $125,000 Suzanne operates a mortgage broking business under a company structure, LoansRUs Pty Ltd. The business is a small business entity. Suzanne is the sole director and shareholder. The company pays all of its profits out of its earnings each year as dividends to sole shareholder, Suzanne. The taxable income of the company for the 2020-2021 financial year is $500,000. The tax payable by LoansRUs Pty Ltd is? $130,000 $137,500 $150,000 $125,000
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