Question: You are completing the monthly Activity Statement for RN Holdings Pty Ltd and have obtained the following figures from the monthly Payroll report. Gross
You are completing the monthly Activity Statement for RN Holdings Pty Ltd and have obtained the following figures from the monthly Payroll report. Gross wages $4,523 PAYG Withholding $1,410 Net wages $3,103 Super $430 What amount will you record at W1 on the Activity Statement? Using the following information, calculate the amount to be recorded at W1 in the PAYG tax withheld section of the IAS (do not use decimal places). Salaries and wages Payments under voluntary arrangements Amounts withheld from payments Amounts withheld from payments where no ABN is quoted Other amounts withheld 52000 8000 11000 1800 2000
Step by Step Solution
3.36 Rating (149 Votes )
There are 3 Steps involved in it
It appears the question pertains to calculating the total amount for W1 on the Activity Statement fo... View full answer
Get step-by-step solutions from verified subject matter experts
